Mike Tanner
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
This two story, 13 unit, brick apartment complex has been updated, stabilized and is ready for an investor to generate immediate cash flow with opportunity for increased income in the future. Unit mix includes 11 two bedroom, 1 bathroom units and 2 one bedroom, one bathroom units with 2 common laundry areas. Each tenant has their own storage closet in the common laundry area. Most tenants are month to month after their first annual lease. Interior hallways are block walls with new LVP flooring.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Available Sqft: 11088
Year Built: 1970
General Information
County: Peoria
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-323-0399
RMLSA
MLS ID: PA1265677
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3008 N Woodbine Terrace, Peoria, IL 61604.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $780,000 | $780,000 | $780,000 |
| Down Payment | $156,000 | $27,300 | $195,000 |
| Monthly Mortgage Amount | $3,641 | $4,592 | $4,741 |
| Taxes | $1086 | $1086 | $1086 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $343 | $0 |
| Monthly Estimated Total | $4,955 | $6,249 | $6,055 |
Mike Tanner
REALTOR®
Office: (563) 441-5042
Cell: (563) 940-5934
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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