EquityBuild Hybrid F..
- Multifamily Combined Debt and Equity Investment 506(c)
This beautiful, and well-maintained apartment building has tremendous potential for active real estate investors. The property features 26 large, one-bedroom apartments. Six of the units will be converted to two-bedrooms in order to maximize revenue.
The building has received substantial capital improvements during the past 12 months – including new windows and new porches. EquityBuild's warrantied contractor team will finish the rehab, upgrading the units where needed with new appliances, countertops, flooring, kitchen and bathroom fixtures, tub refinishes, and fresh paint.
The property is located in Chicago's up-and-coming South Shore neighborhood, near Rosenblum Park and Woodhull Park. It is close to shops, restaurants, churches and schools. Public transportation is easily accessible – the Stony Island Metra station is five blocks away, and there are bus stops just down the street.
The property is priced at $1,710,000.
EquityBuild is a client advocate in a real estate world where we build life-long relationships to create turn-key solutions that consistently deliver double-digit returns. Real estate investment opportunities are carefully selected based on EquityBuild’s proprietary econometric model that identifies properties with strong upside and minimal risk. To learn more about EquityBuild and how you can invest directly in real estate with expert guidance and no landlord hassles please call (877) 978-1869.
*There is a standard deviation of 10% on NOI (net operating income). NOI is a projection based on knowledge at the time of its preparation that may deviate 10% from the represented value to account for market fluctuation in rents and expenses correlated with commodity pricing.