Sold
Vermilion County, Illinois
Ask Floyd Young
6 Unit Apartment Building for Sale
ID:
53144
Status:
Sold
Acres:
0.44
Type:
Commercial
Address:
504 Honeywell
City, State:
Hoopeston, Illinois
County:
Vermilion
Zip Code:
60942
Lat/Long:
40.470177, -87.665345
Description
Welcome to your next lucrative investment in the heart of Hoopeston, Illinois! This 6-unit apartment building offers a golden opportunity for savvy investors seeking stable returns and long-term growth in the thriving rental market.
Key Features:
- Profitable Income Stream: With six spacious units, comfortable living spaces, this property guarantees a steady flow of rental income.
- Prime Location: Nestled in a desirable neighborhood of Hoopeston, residents enjoy easy access to local amenities, schools, and employment opportunities, enhancing the property's appeal and rental demand.
- Strong Rental History: Benefit from a proven track record of high occupancy rates and consistent rental income, providing peace of mind and financial stability.
- Potential for Growth: With Hoopeston experiencing steady economic growth and development, capitalize on the opportunity to increase rental rates and property value over time.
Investment Highlights:
- Diverse tenant base ranging from young professionals to small families, ensuring a stable occupancy rate.
- Excellent cash flow potential and attractive ROI for investors seeking passive income and wealth accumulation.
- Flexible financing options available to qualified buyers, making ownership more accessible and affordable.
Don't miss out on this exceptional chance to add a prime income-generating asset to your investment portfolio. Contact us today to schedule a viewing and secure your future in the thriving Hoopeston real estate market. Call residential specialist Floyd Young to schedule a private showing today. 217.304.4974
Additional Details
Home Details
Sq Ft:
3000.00
Beds:
8
Financial
Taxes (annually):
$4,063
