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Springfield SFR Rental Portfolio
Springfield, IL

$1,200,000 USD

Specialty For Sale  •  2,200 SF

2 Properties View all

Property Details

• Property Type Specialty
• Cap Rate 8.33 %

30 Transit Score

50 Walk Score

Highlights

Portfolio includes 16 improved rental units and five land parcels.

Current annual rent is reported at $99,900.

Market annual rent is reported at $119,100.

Occupied tenants have reportedly remained in place for five or more years.

Leases are primarily month-to-month, allowing future operational flexibility.

Additional operating expense and NOI information is available to qualified buyers.

Cap Rate:

8.33 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Springfield (Lincoln Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Texas Eagle - Amtrak)	6 min	-	2.4 mi
Airport	Drive	Walk	Distance
Abraham Lincoln Capital	14 min	-	5.9 mi