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20-Unit Multifamily Investment

712 N & 715 S. Golfcrest, Normal
The Essentials
Marketing Flyer:
Available:
Oct 09, 2023
Status:
Sold
Size:
(20) 2-Bed, 1-Bath Units
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Rare opportunity to achieve proven out value-add without spending significant money on improvements. Mechanicals, roof, common areas and units have been renewed, replaced or upgraded as needed to bring the buildings into excellent operating condition.

 

Rents increased by 30-40% once upgrades were made, and future rent rolls are projected to increase by an additional 20-25% as leases are renewed at the higher rates.

 

Enjoy the stability and security of a Midwest housing market, while still experiencing solid growth and rising rents as the BLOOMINGTON-NORMAL, Illinois market expands to meet the needs of growing employers

 

Download marketing package for financials. 

 

Highlights

20-Unit Apatment Investment - Sold by Laura Pritts

Listing Agents

Laura Pritts
Owner and Designated Managing Broker
[email protected] (309) 824-0507
Maggie Kaufmann
Licensed Assistant
[email protected] (309) 824-5193

Highlights

20-Unit Apatment Investment - Sold by Laura Pritts