Building Details:
8415-8419 S. Archer is located in Willow Springs, IL.
Great investment opportunity for your investor! This property produces positive cash flows with a current 8.7% CAP Rate. Located in Willow Springs Illinois, this 9 Unit Complex comprises of 3 Buildings over a 38,000 Sq Ft lot.
The current long time investor owner is ready to sell after years of gaining a positive return with a low vacancy and rental rate.
Few properties can produce positive annual cash on cash returns at a CAP Rate of 8.7%. Furthermore, this complex has the ability to produce a CAP rate up to 11% with only increasing the current rental rates slightly. The current rental rates are low for the area.
This property is currently zoned B-1. One of the three buildings with Archer Avenue frontage can be converted into a commercial space opportunity allowing for an increase in CAP Rate.
Access all of this properties information, pictures, financial worksheet, and video at our webpage.
www.willowsprings9unit.com
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