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402-408 E Hester St
Carbondale, IL 62901
Multifamily Property For Sale
·
14 Units

EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY across the street from Southern Illinois University's campus, recreation center and medical services building. Recent bank foreclosure
discounted off most recent appraisal. The majority of the units are rented. Carbondale City inspected. Newer construction with major appliances included. This is a great opportunity to take advantage of a property that was last valued at $1.1M.
discounted off most recent appraisal. The majority of the units are rented. Carbondale City inspected. Newer construction with major appliances included. This is a great opportunity to take advantage of a property that was last valued at $1.1M.
PROPERTY FACTS Under Contract
| Price Per Unit | $51,429 | Lot Size | 0.57 AC |
| Sale Type | Investment | Building Size | 12,852 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
| Apartment Style | Townhome | Opportunity Zone |
Yes
|
| Building Class | B |
| Price Per Unit | $51,429 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.57 AC |
| Building Size | 12,852 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 0.78/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $205,042 | |
| Land Assessment | $12,603 | Total Assessment | $217,645 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,603
Improvements Assessment
$205,042
Total Assessment
$217,645
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