211 Wild Rose Lane

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211 Wild Rose Lane

Marion, IL 62959
Asking Price
$400K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 211 Wild Rose Lane
  • Asset is currently offered for sale at $399,900
  • Property is situated within the city of Marion, Illinois
  • Regional location provides access to major southern Illinois infrastructure
  • Suitable investment for residential rental income or portfolio expansion

What's Special

This multifamily apartment building is positioned in Marion, Illinois, a growing regional hub serving the southern portion of the state. With its central location in a city known for supporting commerce and local infrastructure, the property presents a functional asset for investors looking to expand their residential holdings. The regional economy benefits from stable employment sectors and access to key transportation corridors, making it a reliable environment for multi-unit housing operations. Potential uses include long-term rental income generation or a value-add renovation strategy tailored to meet the needs of local workforce tenants. The building serves as a practical addition to an investment portfolio, providing direct access to the amenities and community services of the Marion submarket.

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NOI
$80,000
Cap Rate
20.01%
DSCR
3.37
Strong
Cash-on-Cash
46.89%
Monthly Payment
$1,978.487
Annual Cash Flow
$56,258.156

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