700,706-718 UNDERHILL Street, Peoria, IL, 61606
700,706-718 UNDERHILL Street, Peoria, IL, 61606Basics
- Date added: Added 1 week ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- ListOfficeName: Adam Merrick Real Estate
- LeaseTerm: Other
- ListAOR: rmlsa
- MLS ID: RMAPA1259785
Description
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Description:
Prime Investment: 6-Home Bradley University Portfolio. A truly rare opportunity to acquire a six-house portfolio, strategically located just steps from Bradley University. This unique package offers an investor the chance to own a significant majority of homes on a single street, an unparalleled advantage in the rental market. Owning the block simplifies everything from maintenance and landscaping to tenant management. You set the standard for quality and curb appeal, creating a cohesive and desirable community that attracts the best tenants. This is a turnkey investment powerhouse. The prime location ensures a consistent, high-demand tenant pool from Bradley's student body and the local hospitals, leading to historically strong occupancy rates and robust cash flow from day one. Student housing provides a recession-resistant asset, securing your capital while offering significant potential for appreciation. Seize the chance to add a substantial, cash-flowing asset to your portfolio. This is a legacy investment in a premier location.
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Location
- CountyOrParish: Peoria
- Directions: UNIVERSITY TO BRADLEY, BRADLEY TO UNDERHILL
Building Details
- NewConstructionYN: No
- Heating: Electric, Natural Gas, Heat Pump
- Exterior material: Aluminum Siding, Frame, Vinyl Siding
- Roof: Asphalt
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air, Multi Units, Wall/Window Unit(s)