This property is Off-Market

1903 N. Lincoln Ave
Urbana, IL 61802 ·

40,000 SF · Residential Income For Sale

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Capstone Quarters

Price N/A Commission Split 2%
Building Size 40,000 SF Cap Rate 13%
Property Type Residential Income Gross Rent Multiplier 6.70
Property Sub-type Single-Unit (SFR/Condo) Lot Size 2 AC
Property Use Type Investment
Listing ID: 15441781 Date Created: 11/15/2007 Last Updated: 08/12/2008

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!

Research

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

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