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37-Door MF/Commercial, Metropolis IL 1 Multifamily Properties Offered at $3,215,000 in Metropolis, IL
Investment Highlights
- This 37-door residential portfolio is well-managed, geographically concentrated, and operationally efficient.
- High percentage of long-term tenants, reflecting stable occupancy, low turnover, and strong landlord-tenant relationships.
- Reach out to Kathleen Washburn Gillespie (270.331.4747) for more details on this Portfolio.
- Managed through the AppFolio Property Management System, providing comprehensive digital records, transparent reporting, and a turnkey transition.
- Current rental rates are below prevailing market averages, offering immediate upside potential through rent adjustments and strategic repositioning.
- Click on link below to see full list of The Washburn Gillespie Group, eXp Realty commercial inventory.
Executive Summary
This 37-door multi-family and commercial portfolio offers investors a rare opportunity to acquire a well-managed, geographically concentrated, and operationally efficient collection of assets across Metropolis, Illinois. The portfolio combines stable in-place income with significant value-add potential, supported by strong management
systems, long-term tenants, and below-market rents.
systems, long-term tenants, and below-market rents.
Property Facts
| Price | $3,215,000 | Number of Properties | 2 |
| Price / SF | $730.68 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,400 SF |
| Status | Active | Total Land Area | 0.39 AC |
| Price | $3,215,000 |
| Price / SF | $730.68 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,400 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1120 E 8th St, Metropolis, IL 62960 | Multifamily | 4,400 SF | 1950 | - |
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37-Door MF/Commercial, Metropolis IL