Springfield SFR Rental Portfolio 2 Specialty Properties Offered at $1,200,000 in Springfield, IL

The Springfield Rental Portfolio offers an opportunity to acquire a diversified collection of 16 improved rental units and five land parcels within Springfield, Illinois. The portfolio generates current annual rent of $99,900, with owner-reported market annual rent of $119,100, presenting potential income growth through lease rollovers and rent adjustments where supported by market conditions. Occupied tenants have reportedly remained in place for five or more years, providing an established occupancy history across the improved assets.
Leases are primarily structured on a month-to-month basis, offering future ownership flexibility while maintaining current income. The inclusion of both improved properties and land parcels creates multiple avenues for portfolio management, including continued rental operations, repositioning strategies, or future development considerations subject to local regulations and approvals.
Financial information provided by ownership indicates current and market rental income figures; rents and taxes have not been independently verified. Vacant units are reflected at asking or market rent, and items identified as TBD are excluded from reported totals. Additional financial information, including operating expenses and net operating income, is available to qualified buyers upon request.