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3306 Boulder Ridge Drive

Champaign, IL 61822
  • $5,000,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 11845185
UPDATED: 30 min ago
$5,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2021
County:

School Ratings & Info

Description

Outstanding opportunity to own 22 one to three year old townhomes all in a single subdivision. huge Value add opportunity with future rent increases. Tenants pay for all utilities. Owners simply pay their insurance and HOA fees of $125/unit/year. Currently over $463000/annual income. With future projections to be at $554,400/annual income. Solar Panels have been installed on every home with EV Hookups in every garage. The Electric bills are next to nothing, saving your tenants money making them easier to rent. All maintenance free, easy to own town homes. The numbers work on this one. Some back up to fields, others back up to water. There is a community common areas less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Full list of financials, leases, rent rolls on file.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-09-21T23:58:27.6 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3306 Boulder Ridge Drive Champaign, IL 61822

  • Price: $5,000,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 30 min ago
  • MLS #: 11845185
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2021
Built
Neighborhood:
Champaign, Savoy
County:
Champaign
Area:
Champaign, Savoy
Property Description
Outstanding opportunity to own 22 one to three year old townhomes all in a single subdivision. huge Value add opportunity with future rent increases. Tenants pay for all utilities. Owners simply pay their insurance and HOA fees of $125/unit/year. Currently over $463000/annual income. With future projections to be at $554,400/annual income. Solar Panels have been installed on every home with EV Hookups in every garage. The Electric bills are next to nothing, saving your tenants money making them easier to rent. All maintenance free, easy to own town homes. The numbers work on this one. Some back up to fields, others back up to water. There is a community common areas less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Full list of financials, leases, rent rolls on file.
Exterior Features

Exterior Building Type Vinyl Siding Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking Paved Parking Total 2 Roof Composition Roof Structure Gable

Interior Features

Basement None Cooling Central AirHeat Pump Heat Ventilation Forced AirHeat Pump Number Of Dishwashers 22

Property Features

Additional Parcels YN Yes Approximate Age 1-6 Years Built Before1978 YN No Current Use Multi-Family Green Energy Efficient Photovoltaic/Solar System Gross Income 477600 Gross Scheduled Income 477600 Insurance Expense 7700 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 371028 Operating Expense 106572 Ownership Types Limited Liability Corp Possible Use Multi-FamilySingle Family Seller Needs Other Seller Will Will Divide Tax Annual Amount 103822 Tax Year 2022 Tenant Pays Air ConditioningElectricityHeatScavengerSewerWaterHot Water Total Monthly Income 39800 Township Champaign Type Multi Family 5+ Utilities Sanitary SewerWater-Municipal Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Exp Realty,Llc-Maho: 217-239-7113.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-09-21T23:58:27.6 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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