Historical Residential Income Sale Listing - Capstone Quarters

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Capstone Quarters

1903 N. Lincoln Ave, Urbana, IL 61802

N/A

40,000 SF | Residential Income

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Residential Income Property - Off Market

Price:
N/A
Building Size:
40,000 SF
Property Type:
Residential Income
Property Sub-type:
Single-Unit (SFR/Condo)
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
13%
Gross Rent Multiplier:
6.70
Lot Size:
2 AC
Listing ID
15441781
Last Updated
over 1 year ago

Description

BUILDERS CLOSE OUT - NEW CONDOS, PERFECT for U of I STUDENT OR INVESTORS. Prices shown are for single units, developer will discuss multiple unit proposals. This is a 4B/4Ba, (also availaable: 3B/3Ba @ $125K) all new appliances & in-unit washer/dryer. Many ammenities: Fitness, Pool, Theatre, Computer Rm., Cable TV, Study Rm. Only 1.2 miles from campus, free bus stops at condo complex. GREAT INVESTMENT OPPORTUNITY, ACT NOW! INVESTORS - Multiple Condo unit purchases by negotiation!

Located off I-74 at Lincoln Ave makes this a great location. Located 1.2 miles from the University of Illinois, an excellent investment for either a student or an investor. Quality condos are sought after by students. Rents go for $450 per bedroom, or $1800 per month/condo, makes this a great investment. Act now, some condos are rented now for next year!! INVESTORS - Multiple Condo Unit purchases by negotiation!

Map of 1903 N. Lincoln Ave, Urbana, IL 61802 (Champaign County)

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