• 4067 S Wheeler Rd, Pembroke Township, IL 60958

For Sale

Multi-Family

For Sale

This property is available for sale
40,000
SF
$1,350,000
Sale Price
  • Overview

    Wheeler Rd. Facility across street from Pembroke School All under one roof, these 40 units are full and there is a waiting list of for residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. 70% of rent collect with Gov. rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase structure. Property in "Good" condition. Management in place could possibly stay on after sale.

Contact or Call

Property Details

Wheeler Rd. Facility across street from Pembroke School All under one roof, these 40 units are full and there is a waiting list of for residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. 70% of rent collect with Gov. rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase structure. Property in "Good" condition. Management in place could possibly stay on after sale.

  • Property Type
    Multi-Family
  • Sale Price
    $1,350,000
  • Total Building Size
    40,000RSF
  • Sale Status
    Available
  • Property ID
    2162662

Landlord's Sales Representative

  • Buck Tamblyn
    McColly Bennett Real Estate