This is a great investment opportunity! Built in 2003 through 2006, this multifamily development consists of 40 single-family homes on approximately 5.7 acres in the City of Urbana. The design of these homes is popular with tenants, which explains the near 100% occupancy. Each home is 1144 SF with 3 bedrooms, 1 full bathroom, a large kitchen, a walk-in closet, and a wood deck in back. Appliances will convey. Tenants pay all utilities and trash pickup. Average rental rate per unit is $600/month.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
