228 E Oak Cliff Ct
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228 E Oak Cliff Ct
11 Unit Block of Flats £514,851 (£46,805/Unit) 7.69% Net Initial Yield Peoria, IL 61614
Investment Highlights
- Quiet Neighborhood
- Off Street parking
- Onsite laundry
Executive Summary
228 Is an 11 Unit Apartment. All Units are 2 bed 1 bath! One Big High efficiency Furnace only 5 years old. Brand New Water Heaters for the whole building. Shared Laundrey Facility in basement. Additional Storage. Brand New Camera SystemAt the back of a cul-de-sack on a quiet multifamily street. No through traffic. Property is agent owned and showings are appointment only. Contact Agent/Owner for more information.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | £514,851 | Apartment Style | Low Rise |
| Price Per Unit | £46,805 | Building Class | C |
| Sale Type | Investment | Building Size | 11,520 SF |
| Net Initial Yield | 7.69% | Average Occupancy | 90% |
| Sale Conditions | Portfolio Sale | Number of Floors | 3 |
| No. Units | 11 | Year Built | 1963 |
| Property Type | Residential | Parking Ratio | 1.91/1,000 SF |
| Property Subtype | Apartment |
| Price | £514,851 |
| Price Per Unit | £46,805 |
| Sale Type | Investment |
| Net Initial Yield | 7.69% |
| Sale Conditions | Portfolio Sale |
| No. Units | 11 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 11,520 SF |
| Average Occupancy | 90% |
| Number of Floors | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.91/1,000 SF |
Unit Amenities
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Built-In Bookshelves
- Dining Room
- Family Room
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 11 | £752.48 | 900 - 1,000 |
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PROPERTY TAXES
| Parcel Number | 1421454023 | Improvements Assessment | £99,271 |
| Land Assessment | £17,743 | Total Assessment | £117,014 |
PROPERTY TAXES
Parcel Number
1421454023
Land Assessment
£17,743
Improvements Assessment
£99,271
Total Assessment
£117,014
zoning
| Zoning Code | R7 (Commercial Residential) |
| R7 (Commercial Residential) |
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228 E Oak Cliff Ct
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