A Deconversion Opportunity | 18310-18340 Cherry Creek dr
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A Deconversion Opportunity 18310-18340 Cherry Creek dr
32 Unit Apartment Building $5,527,938 CAD ($172,748 CAD/Unit) 7.04% Cap Rate Homewood, IL 60430
Investment Highlights
- Below Market Rents
- Private Balconies
- Near I-294, Walking Distance to Western Avenue Elementary School, Mix of Vintage and Rehabbed
- All 2BR Units
- Walk-In Closets, Individual Electric
Data Room Click Here to Access
Property Facts Under Contract
Price | $5,527,938 CAD | Apartment Style | Garden |
Price Per Unit | $172,748 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 1.78 AC |
Cap Rate | 7.04% | Building Size | 43,066 SF |
No. Units | 32 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1968 |
Property Subtype | Apartment |
Price | $5,527,938 CAD |
Price Per Unit | $172,748 CAD |
Sale Type | Investment |
Cap Rate | 7.04% |
No. Units | 32 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 1.78 AC |
Building Size | 43,066 SF |
No. Stories | 2 |
Year Built | 1968 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 24 | $1,878 CAD | 941 |
2+2 | 8 | $2,020 CAD | 1,026 |
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A Deconversion Opportunity | 18310-18340 Cherry Creek dr
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