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Multifamily

Yorkville & Plano Townhome Portfolio

1397 Carolyn Ct, Yorkville, IL 60560

Listing Price: $1,610,000

Cap Rate
6.94%
Number of Units
7
GRM
7.89
Price/Unit
$230,000
Price/Gross SF
$155.18
Gross SF
10,375

Investment Overview

Marcus & Millichap is pleased to present this seven-unit townhome portfolio, located in Yorkville and Plano, Illinois.

Built between 2005 and 2008, the portfolio is comprised of one two-bedroom townhomes and six three-bedroom townhomes, measuring on average 1,194 and 1,530 square feet each, respectively. The townhomes feature attached garage parking, private patios or balconies, modern designed units, stainless-steel appliances and in-unit washer and dryer.

This investment provides the opportunity to acquire a newer construction, well-maintained portfolio in solid rental locations. Priced below sold comparables for individual townhome sales, it offers strong value in an area experiencing a steady influx of new residents and growing demand.

Investment Highlights

  • Desirable Unit Mix of Mostly Three-Bedroom Townhome Units, Measuring on Average 1,482 Square Feet
  • Newer Construction: Built Between 2005 and 2008
  • Priced Below Sold Comparables for Individual Townhome Sales
  • Average Household Income within Three Miles for Yorkville is $110,781
  • Average Household Income within Three Miles for Plano is $91,775

Exclusively Listed By

Multifamily

Yorkville & Plano Townhome Portfolio

Listing Price: $1,610,000

Cap Rate
6.94%
Number of Units
7
GRM
7.89
Price/Unit
$230,000
Price/Gross SF
$155.18
Gross SF
10,375

Investment Highlights

  • Desirable Unit Mix of Mostly Three-Bedroom Townhome Units, Measuring on Average 1,482 Square Feet
  • Newer Construction: Built Between 2005 and 2008
  • Priced Below Sold Comparables for Individual Townhome Sales
  • Average Household Income within Three Miles for Yorkville is $110,781
  • Average Household Income within Three Miles for Plano is $91,775

Investment Overview

Marcus & Millichap is pleased to present this seven-unit townhome portfolio, located in Yorkville and Plano, Illinois. Built between 2005 and 2008, the portfolio is comprised of one two-bedroom townhomes and six three-bedroom townhomes, measuring on average 1,194 and 1,530 square feet each, respectively. The townhomes feature attached garage parking, private patios or balconies, modern designed units, stainless-steel appliances and in-unit washer and dryer. This investment provides the opportunity to acquire a newer construction, well-maintained portfolio in solid rental locations. Priced below sold comparables for individual townhome sales, it offers strong value in an area experiencing a steady influx of new residents and growing demand.

Exclusively Listed By

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