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Cahokia Port 16 1 Multifamily Properties Offered at $1,300,000 in Cahokia, IL
Investment Highlights
- 12 single-family rental homes
- Asking price: $1.3MM
- 100% occupied portfolio
Executive Summary
Portfolio of 12 single-family rental homes in Cahokia Heights, IL offered at $1.3MM. The portfolio is 100% occupied with annual gross income of $192,660 and an advertised 8% cap rate. Tenants pay utilities, with annual insurance of $13,812 and approximately $27K in 2024 taxes. This stabilized residential investment portfolio offers immediate cash flow across multiple occupied rental homes in the Cahokia Heights market.
Property Facts
| Price | $1,300,000 | Number of Properties | 12 |
| Price / SF | $475.15 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 2,736 SF |
| Sale Type | Investment | Total Land Area | 0.24 AC |
| Status | Active |
| Price | $1,300,000 |
| Price / SF | $475.15 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 12 |
| Individually For Sale | 0 |
| Total Building Size | 2,736 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 217 Main St, Cahokia, IL 62206 | Multifamily | 2,736 SF | 1975 | - |
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Cahokia Port 16
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