RE/MAX Realty Associates
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Listing Presented by Edna Carter - IL Real Estate License: 076311288 with RE/MAX Realty Associates
(800) 537-0217Ext. 123
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Contact:Edna Carter
RE/MAX Realty Associates Direct Line:(217) 373-4823 Toll Free:(800) 537-0217Ext. 123 Fax:(217) 689-4037 Voice Mail:(217) 373-4823 Send Email
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Listing #: 2093405
$10,597,500
200 FROST AVE.
RANTOUL
IL
61866
Active
Description:
Income package at 'South Pointe Commons' super location just 11 miles north of Champaign-Urbana on route 45/Cunningham Ave. Quality solid-built buildings, well-maintained, open park-like commons. Priced at just x6.49 GRM with excellent positive cash-flow. Turnkey operation includes fully staffed & equipped office, computers, maintenance & leasing vehicles, brick storage buildings w/ equipment. Mix of popular floor plans in both zero-lot-line & town-homes. Full-featured kitchens, patios, storage, brick & low-maintenance exteriors central air, W/D hook-ups in each home. 225-unit package. Solid rental history, nicely maintained property, great operation. Southern edge of town next to new water-park. Great investment opportunity for the serious investor.
Property Type: MULTIFAMILY Area: 1 Basement: Partial-Partially Finishe,Partial-Unfinished,Partial-Walk Out County: CHAMPAIGN Subdivision: SOUTH POINTE COMMONS Lot Dimensions: 100 Fireplaces: Other-See Remarks Total Units: 225 Cooling: Central A/C,Forced Air Exterior: Brick,Steel Grid: 0 Heat: Natural Gas Sewer: Sewer Water: Municipal 3+ Bedroom Units: 111
FEATURES:
Basement, Central Air, Fireplace
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Information Deemed Reliable But Not Guaranteed.
Champaign County Association of Realtors Last Updated: 3/11/2010 4:27:51 AM
RE/MAX Realty Associates
2009 Fox Drive
Champaign, IL
61820
(217)352-5700
2009 Fox Drive
Champaign, IL
61820
(217)352-5700
Real Estate License # 076311288
Fair Housing and Equal Opportunity
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