944 South 2 nd Street Street View Interior Pictures and Details Pro forma P & L

Transcription

1 944 South 2 nd Street Street View Interior Pictures and Details Pro forma P & L 932 South 2 nd Street Street View Interior Pictures and Details Pro forma P & L 934 South 2 nd Street Street View Interior Pictures and Details Pro forma P & L 944 South 2 nd Street Street View Interior Pictures and Details Pro forma P & L 219 East Scarritt Street Street View Interior Pictures and Details Pro forma P & L 927 South 3 rd Street Street View Interior Pictures and Details Pro forma P & L Land on 3 rd Street

2 932 South 2 nd Street

3 932 South 2 nd Street, Springfield, IL Duplex (Two One Bedroom, One Bath Units) Offering Summary Asking Price: $100,000 Rent: $650 + $665 Rentable SF: 2,600 Zoning: Office and Multifamily Residential 100 % Occupied Year Built/ Renovated: Asset Performance Data CAP Rate: 8% Net Operating Income: 57% Mortgages: $0 Real Estate Taxes: $3, 368 Investment Highlights Desirable Location Within Walking Distance to Historic State Capitol Strong Student Housing Location With Close Proximity to SIU Medical Main Campus Laundry Hookups Available Original Mahogany Crown Molding and Trim Woodwork

4 Safe Harbor Properties Pro forma P&L 932 S 2nd Street Income Annual Unit 1 (1-Bedroom 1-Bath) 7, Unit 2 (1-Bedroom 1-Bath) 7, Gross Income $15, Expenses Property Management Fees 6% Maintenance 10% 1, Insurance 1, Utilities 0.00 Real Estate Property Taxes 3, Total Expenses $ 7, Net Operating Income $ 8,413.26

5 934 South 2 nd Street

6 934 South 2 nd Street, Springfield, IL, Duplex (Two One Bedroom /, One Bath Units) Offering Summary Asking Price: $108,400 Rent: $550 + $535 = $1, Rentable SF: Est. 1,300 Zoning: R-5 (b) 100% Occupied Year Built/ Renovated: 2008 and Porch Decking 2016 Asset Performance Data CAP Rate: 8% Net Operating Income: 65% Mortgages: $0 Real Estate Taxes: $1,660 Investment Highlights One bedroom, one bath per Duplex One unit has a private back patio One block from Historic State Capitol

7 Safe Harbor Properties Pro forma P&L 934 S 2nd Street Income Annual Unit 1 (1-Bedroom 1-Bath) 6, Unit 2 (1-Bedroom 1 Bath) 6, Gross Income $13, Expenses Property Management Fees 6% Maintenance 10% 1, Insurance Utilities 0.00 Real Estate Property Taxes 1, Total Expenses $ 4, Net Operating Income $ 8,628.80

8 944 South 2 nd Street

9 944 South 2 nd Street, Springfield, IL Four Bedroom, Two ½ Bath House Offering Summary Asking Price: $159,000 Rent: $1, Rentable SF: Est. 2,400 Zoning: Office and Residential Year Built/ Renovated: Presently Remodeling Asset Performance Data CAP Rate: 8% Net Operating Income: 64% Mortgages: $0 Real Estate Taxes: $2, D Virtual Tour Investment Highlights 4 Bedroom, 1 ½ Bath House New Hot Water Boiler 2017 Full Kitchen, Living Room, Dining Room and Study with fireplace Restored charming woodwork and tiling Perfect for Office Space

10 Safe Harbor Properties Pro forma P&L 944 S 2nd Street Income Annual 4-Bedroom 1 1/2-Bath 15, Gross Income $ 15, Expenses Property Management Fees 6% Maintenance 10% 1, Insurance Utilities 0.00 Real Estate Property Taxes 2, Total Expenses $ 5, Net Operating Income $ 9,645.34

11 219 East Scarritt Street

12 219 East Scarritt, Springfield, IL Two Bedroom, One ½ Bath House Offering Summary Asking Price: $78,300 Rent: $ Rentable SF: Est. 1,200 Zoning: Office and Residential Year Built/ Renovated: 2012 Asset Performance Data CAP Rate: 8% Net Operating Income: 67% Mortgages: $0 Real Estate Taxes: $ Investment Highlights Nearby Schools: District 186 Full Kitchen With All Natural Maple Wood Cabinets and Cozy Breakfast Nook Two Porches with Yard Space for Gardening, Grilling and Entertaining Unfinished Basement with Laundry Hookups Available Full Living room, dining room and family room with all new hand scrapped mahogany wood flooring and wide panel white woodwork Updated Light Fixtures and Kitchen Appliances

13 Safe Harbor Properties Pro forma P&L 219 E. Scarritt Street Income Annual 2-Bedroom 1 1/2 -Bath 9, Gross Income $ 9, Expenses Property Management Fees 6% Maintenance 10% Insurance Utilities 0.00 Real Estate Property Taxes Total Expenses $ 3, Net Operating Income $ 6,264.40

14 927 South 3 rd Street

15 927 South 3 rd Street, Springfield, IL Three Bedroom, Two Bath House in Old Aristocracy Hill Offering Summary Asking Price: $76,900 Rent: $ Rentable SF: Est. 1, Zoning: Office and Residential Year Built/ Renovated: 2012 Asset Performance Data CAP Rate: 8% Net Operating Income: 65% Mortgages: $0 Real Estate Taxes: $1,160 Investment Highlights 3 Bedrooms, 2 full baths (Main floor: remodeled with marble floors and walls) Unfinished basement with laundry hookups available, as well as laundry hookups available in the mudroom Extra yard space for outdoor activities with two open to its side Security system installed and wired Minutes from Springfield Clinic Main campus Central Illinois Security System Installed

16 Safe Harbor Properties Pro forma P&L 927 S 3rd Street Income Annual 3-Bedroom 3-Bath 9, Gross Income $ 9, Expenses Property Management Fees 6% Maintenance 10% Insurance Utilities 0.00 Real Estate Property Taxes 1, Total Expenses $ 3, Net Operating Income $ 6,158.60

17 931, 933 and 935 South 3 rd Street, Springfield, IL, Open Lots Offering Summary Asking Price: $60,000 Total Square Footage: Zoning: R-5 (b) Real Estate Taxes: $889.52