228 E Oak Cliff Ct
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228 E Oak Cliff Ct
11 Unit Apartment Building $924,384 CAD ($84,035 CAD/Unit) 7.69% Cap Rate Peoria, IL 61614
Investment Highlights
- Quiet Neighborhood
- Off Street parking
- Onsite laundry
Executive Summary
228 Is an 11 Unit Apartment. All Units are 2 bed 1 bath! One Big High efficiency Furnace only 5 years old. Brand New Water Heaters for the whole building. Shared Laundrey Facility in basement. Additional Storage. Brand New Camera SystemAt the back of a cul-de-sack on a quiet multifamily street. No through traffic. Property is agent owned and showings are appointment only. Contact Agent/Owner for more information.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | $924,384 CAD | Apartment Style | Low Rise |
| Price Per Unit | $84,035 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 11,520 SF |
| Cap Rate | 7.69% | Average Occupancy | 90% |
| Sale Conditions | Bulk/Portfolio Sale | No. Stories | 3 |
| No. Units | 11 | Year Built | 1963 |
| Property Type | Multifamily | Parking Ratio | 1.91/1,000 SF |
| Property Subtype | Apartment |
| Price | $924,384 CAD |
| Price Per Unit | $84,035 CAD |
| Sale Type | Investment |
| Cap Rate | 7.69% |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 11,520 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.91/1,000 SF |
Unit Amenities
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Built-In Bookshelves
- Dining Room
- Family Room
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | $1,351 CAD | 900 - 1,000 |
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PROPERTY TAXES
| Parcel Number | 1421454023 | Improvements Assessment | $178,236 CAD |
| Land Assessment | $31,856 CAD | Total Assessment | $210,091 CAD |
PROPERTY TAXES
Parcel Number
1421454023
Land Assessment
$31,856 CAD
Improvements Assessment
$178,236 CAD
Total Assessment
$210,091 CAD
zoning
| Zoning Code | R7 (Commercial Residential) |
| R7 (Commercial Residential) |
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228 E Oak Cliff Ct
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