Description
Calling all investors! This commercial package deal offers a total of 8 residential homes throughout St Clair and Madison Counties with a positive cash flow already in place. Current cap rate is 10.73% with each property currently rented month to month. Addresses included in the sale: 8818 Sterling Pl. Caseyville IL 62232, 8711 Delmore Terr. Caseyville IL 62232, 413 North Center St. Collinsville IL 62234, 5916A and 5916B North Belt West Belleville IL 62223 (two homes on one lot), 14 Lexington Dr. Fairview Heights IL 62208, 2311 Orville Ave. Granite City IL 62040, and 411 Union Ave. Belleville IL 62220. No showings without an accepted contract, please do not disturb the tenants.
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0BEDS
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0.35ACRES
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0BATHS
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01/2 BATHS
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836SQFT
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$1,190$/SQFT
School Ratings & Info
Description
Calling all investors! This commercial package deal offers a total of 8 residential homes throughout St Clair and Madison Counties with a positive cash flow already in place. Current cap rate is 10.73% with each property currently rented month to month. Addresses included in the sale: 8818 Sterling Pl. Caseyville IL 62232, 8711 Delmore Terr. Caseyville IL 62232, 413 North Center St. Collinsville IL 62234, 5916A and 5916B North Belt West Belleville IL 62223 (two homes on one lot), 14 Lexington Dr. Fairview Heights IL 62208, 2311 Orville Ave. Granite City IL 62040, and 411 Union Ave. Belleville IL 62220. No showings without an accepted contract, please do not disturb the tenants.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-25T11:39:26.15.
Two Keys at RE/MAX Alliance: 618-581-4324
Listing provided courtesy of Exp Realty. Listing information © 2022 Mid America Regional Information Systems, Inc.