703 N Market St - 703 N Market St Marion IL 62959
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703 N Market St - 703 N Market St Marion IL 62959
22 Unit Apartment Building Offered at $4,123,800 CAD in Marion, IL 62959
Investment Highlights
- This fantastic investment opportunity features 22 fully occupied units with a low vacancy rate
- With its prime location and strong rental demand, this property is a must-see for investors
- Located just minutes from Downtown Marion
Executive Summary
This fantastic investment opportunity features 22 fully occupied units with a low vacancy rate, located just minutes from Downtown Marion. With its prime location andstrong rental demand, this property is a must-see for investors. TIF INCLUDED Please allow ample time for viewing, as all units are currently occupied! 6 units 900 sq ft w/ patio Rent for900.00 each (2 bed 1 bath no garage) 6 units 1050 sq ft w/ patio Rent for 1100.00 each (2 bed 2 bath w/ 1 car garage) 5 units 950 sq ft w/ patio Rent for 1000.00 each (2 bed 1 bath w/ 1car garage) 5 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage)
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$251,829
|
$12.02
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $251,829 |
| Annual Per SF | $12.02 |
Property Facts
| Price | $4,123,800 CAD | Property Type | Multifamily |
| Price Per Unit | $187,445 CAD | Building Size | 20,950 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 22 | Year Built | 2022 |
| Price | $4,123,800 CAD |
| Price Per Unit | $187,445 CAD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Building Size | 20,950 SF |
| No. Stories | 1 |
| Year Built | 2022 |
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Walk Score ®
Very Walkable (74)
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703 N Market St - 703 N Market St Marion IL 62959
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