Partnership Dissolution - Portfolio Sale (37 Individual Homes)

315 S Calhoun St, Decatur, IL 62521

$1,500,000 After Repair Value -
$500,000 Asking Price -
$225,000 Cost of Repairs =
$775,000 Potential Profit

Property Details

Asking Price $500,000

After Repair Value $1,500,000

Costs of Repairs $225,000

Potential Profit $775,000

Living Area N/A

Property Type Single Family House

Bedrooms 1

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $270,000

Yearly Expenses $4,000

Property Taxes $23,000

Net Operating Income $200,000

Cap Rate N/A

Property Description

37 individual homes at Decatur, IL. Potential Value of the property - ~1.5M (Public Records). Expected Renovation cost max of $225K.

Repairs Needed

Small Fix ups, Painting, Few Window A/c units,


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