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390 N Beadle Dr - 390 North Beadle Drive 7 Unit Apartment Building Offered at $359,900 at a 12.71% Cap Rate Carbondale, IL 62901
Executive Summary
B CLASS APARTMENTS!!!
Awesome 7 unit complex. Quadplex and Triplex on one parcel. Located in a very nice part of town. Units are rehabbed and will easily rent for $850-1000. Central heat and air, washer and dryer hookups, city water and sewer, separate electric and water meters! PROPERTY WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!!!
Property management and financing is available!!!
Awesome 7 unit complex. Quadplex and Triplex on one parcel. Located in a very nice part of town. Units are rehabbed and will easily rent for $850-1000. Central heat and air, washer and dryer hookups, city water and sewer, separate electric and water meters! PROPERTY WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!!!
Property management and financing is available!!!
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$71,400
|
$11.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,400
|
$11.33
|
| Taxes |
$13,368
|
$2.12
|
| Operating Expenses |
$58,032
|
$9.21
|
| Total Expenses |
$71,400
|
$11.33
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $71,400 |
| Annual Per SF | $11.33 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $71,400 |
| Annual Per SF | $11.33 |
| Taxes | |
|---|---|
| Annual | $13,368 |
| Annual Per SF | $2.12 |
| Operating Expenses | |
|---|---|
| Annual | $58,032 |
| Annual Per SF | $9.21 |
| Total Expenses | |
|---|---|
| Annual | $71,400 |
| Annual Per SF | $11.33 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $850.00 | - |
1 1
Property Taxes
| Parcel Number | 15-18-456-005 | Total Assessment | $117,215 (2024) |
| Land Assessment | $17,818 (2024) | Annual Taxes | $13,368 ($2.12/SF) |
| Improvements Assessment | $99,397 (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
15-18-456-005
Land Assessment
$17,818 (2024)
Improvements Assessment
$99,397 (2024)
Total Assessment
$117,215 (2024)
Annual Taxes
$13,368 ($2.12/SF)
Tax Year
2026
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390 N Beadle Dr - 390 North Beadle Drive
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