Fully occupied 24-unit multifamily complex in Aurora, Illinois offering a generous Cap Rate, Cash-on-Cash rate of return and higher than average upside in rental income based on amenities and location.
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Selling Multifamily Property: Guide with eXp Commercial
Learn the process of selling your multifamily property with eXp Commercial. Maximize value and createRead more
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Selling an Apartment Building FAQ’s
Are you thinking of selling your multi-family property? Here are some of the most frequentlyRead more
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If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
The most important benefit of exclusively listing your property with a broker is representation.
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Should I Sell or Should I Hold? When is the best time for asset repositioning?
It doesn’t really matter what the current real estate market is like if you areRead more
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Why Should I Sell My Multifamily Property?
There are a number of reasons why people decide to sell their multifamily property, butRead more
Continue reading84 Unit Multifamily Property For Sale.
Condo Quality Construction.
All 2-Bed / 1-Bath Units with Dining Room.
90 Percent Updated Units.
Tenant Paid Electric Baseboard Heating & HW.
Very Well-Maintained / Long-Term Ownership.
The spread between owning and renting will weigh on single-family sales as the monthly mortgage payment for a median-priced home is now $339 more than the average monthly rent for an apartment, the highest spread since 2008
Market Trends
Register For the 2019 Marcus & Millichap Commercial Real Estate Investment Forecast Series
2018 brought historic changes to the economy, tax laws and real estate markets. The decisions you make today will have dramatic effects on the performance of your investments for years to come. Join Marcus & Millichap and industry-leading experts for a series of live webcasts. Gain the insight to ensure you are prepared for what’s to come.
Buying a home is getting more and more expensive, thanks to sharp increases in both prices and mortgage rates. That is juicing demand for apartment rentals and, in turn, pushing rents higher.
The average monthly net rent at top-tier apartment buildings in downtown Chicago rose 5.7 percent in the second quarter from a year earlier, but another construction wave will test the market in 2019 and 2020.