24 Unit Apartment Complex McHenry, IL
6 Free standing Buildings on 1.42 Acres. Four Units Per Building all 24 units are fully leased at $705 per month. Units are all 4 room 2 bedroom units. This is a well cared for building in a quiet residential location near McHenry athletic fields and golf course.
2012 Gross Annual Rental Income: $203,400
2012 Additional Income From Laundry: $5,093
2012 Total Gross Annual Income
The property is priced at $1,195,000.
Due Diligence Materials Pending
Note: Non Recourse Financing is available with 25%-35% down payment.