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211 N Kennedy blvd
Vandalia, IL 62471

$1,100,000 USD

Multifamily For Sale  •  48,787 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 48,787 SF
  • Year Built 1935
30 Walk Score

Highlights

Deep value-add spread - distressed acquisition basis creates substantial value creation
Non-recourse exit - USDA Section 538 financing returns 100% of investor capital at stabilization
Opportunity Zone - 10-year hold eliminates capital gains tax on appreciation
County Enterprise Zone - reduced sales tax on renovation materials lowering rehab budget
Michael Julius 224-639-6382 Kiser Group
Michael Julius 224-639-6382 Kiser Group