200 W Frost Ave, Rantoul, IL 61866
$10,597,500
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.
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Last Updated On: 11/25/2009 5:36:30 AM