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Multifamily or Commercial for sale or trade Multifamily or Commercial for sale or trade > Illinois > Decatur > Zip: 62526

Active ID: 17548 7 unit multifamily Owner Occupied in small town Illinois

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Max. Swap Value: $1,000,000
Swap For Location(s):

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Will swap for:

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Multifamily or Commercial Multifamily or Commercial
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Sailboat Sailboat
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Yacht Yacht

I'm open to ideas. I'm just looking to see whats out there. No need to downsize and I am in no hurry to move at all. I think it could be interesting to do a non conventional deal as long as we use the proper legal channels. I think the mapping might be off because some surrounding areas are single family homes.

Value: $500,000
Total loans: $0
Year Built: 1900
Square Feet: 4,700
City: Decatur
State or Country: Illinois
Zip: 62526
US Metro?: Other
Address: How to view address
Location features
  • Rural

Description: I can get an appraisal if there is actual interest in the property.

Its is an old 4700 sqft home that was gutted to the frame and converted into 1 bedroom and studio apts ranging from 500-700 sqft each. The only thing original is the frame(not roof) and the sewer piping. Completed in 2013 it has been a nice little money maker for me and was more a labor of love to build it. Nice finishes throughout(see pics). Central air in all units. Can set you up with a maintenance contractor if necessary(he help me build it). Extremely low maintenance. Value based on insurance replacement cost(500-600K). 320K with a close to 9% cap rate.

Swap Type:

I can add other assets I can add other assets
I own free and clear I own free and clear
swap even swap even
upsizing upsizing

public swap proposal

Contact ..name hidden..    view profile

Phone: xxx-xxx-xxxx How to view name & phone
If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.
Public & 3-way Swap Proposals: (2)add
Trade proposal by: Duane Jacobson > my listing #16989 (other proposals)
February 10, 2017
Have a look at our listing and also check out our website that is in the listing. If you have any interest, I may have a strong interest in your property since I live close.

New Costa Rica Home
$595,000 In Grecia, Costa Rica. Built in 2015 in the mountains of Grecia Costa...

Trade proposal by: joe ulics > my listing #17941 (other proposals)
June 22, 2017
let me know if your interested

Klamath River frontage ranch
$500,000 In Klamath River, California. For sale in far northern California, Scenic...

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This ad has been viewed 1128 times. Last modified: 08/02/2016
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Tags: Decatur for sale or trade | Other area Multifamily or Commercial for sale or trade | Multifamily or Commercial for sale or trade around zip 62526

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