Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Brewhaus Townhomes 201 S 8th St 34 Unit Apartment Building $7,735,000 ($227,500/Unit) 7.99% Cap Rate Quincy, IL 62301

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Recent build, 2024.
  • Downtown location, easy access to shopping and nightlife.
  • 29 Units ($1,800ea. per month), 4 Furnished Units ($3,500ea. per month), 1 Furnished Unit ($2,800 ea. per month)
  • Fully equipped Fitness Facility, 24 hour access for tenants.

EXECUTIVE SUMMARY

Introducing the Brewhaus Townhomes: an exclusive new development nestled in the heart of Quincy's iconic Historic Brewery District. With an impressive commitment of $926,850 from the local government, this project promises an unrivaled residential experience that melds history with contemporary living.
Key Features:
Spacious Design: Each home boasts an expansive 1,864 sq. ft. of carefully planned living space, ensuring maximum comfort and utility.
Elegant Interiors: Offering two beautifully designed bedrooms, inclusive of a luxurious master suite, each home also features two and a half refined bathrooms, a dedicated laundry room, a modern office space, and a seamless joint living and dining area.
Private Amenities: a meticulously maintained private courtyard for those serene moments, and an exclusive gym/fitness center to meet all your health and wellness needs.
Premium Parking: Every townhome is accompanied by a one-car garage and an additional parking space in the driveway, ensuring ease and convenience for residents.
Unmatched Location:
The Brewhaus Townhomes stand as a testament to Quincy's rich heritage. Located uniquely in the Historic Brewery District, residents will be amidst timeless landmarks while being part of a fresh and vibrant community. This development not only offers 34 top-of-the-line townhomes but also serves as a gateway to Quincy’s past, making every moment here a blend of nostalgia and modernity.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $7,735,000
Price Per Unit $227,500
Sale Type Investment
Cap Rate 7.99%
No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 2.00 AC
Building Size 62,459 SF
No. Stories 2
Year Built 2024
Parking Ratio 1.09/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Office

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Fitness Center
  • Gated
  • Wi-Fi

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 34 $2,650 1,864
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36304920

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: 201 S 8th St, Quincy, IL 62301

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}