17000 Hamilton Lake Lane
Marion, IL 62959 ·
14 Units · Multifamily For Sale
Hamilton Lake Apartments
|Price||N/A||Property Use Type||Investment|
|No. Units||14||Cap Rate||7.62%|
|Building Size||22,176 SF||No. Stories||1|
|Property Type||Multifamily||Year Built||2004|
|Property Sub-type||Garden/Low-Rise||Lot Size||4.30 AC|
|Listing ID: 14059935||Date Created: 11/16/2004||Last Updated: 10/26/2005|
14 Units built in 2004 each unit has 3 Bedrooms and 2 Baths appoximately 1320 square feet. Concrete streets and a beautiful small lake. Sale includes 14 units on approximately 4.3 acres. Property includes portion of lake intended for common area for resident use. Up to 4 Additional Acres Available at $10,000 per acre. Cap Rate figured based upon fmv of 850 per month per unit. Other units in area similar but smaller overall rent for $895 and up per unit.
From Route 13 in Marion , turn North on Russell Street at Kentucky Fried Chicken. Take Russell St to Longstreet, turn left, property on right corner of Longstreet and Lemaster Road.
- 3 Bedrooms, 2 baths and garage for each unit
- Beautiful Waterfront setting
- One Room could be bedroom or family room
- New, Built in 2004
- Marion is a fast growing community
- All New concrete streets and drives, etc
17000 Hamilton Lake Lane, Marion, IL 62959 (Williamson County)
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