6 Package Portfolio in Peoria, IL near Bradley University.

FULL Breakfown (Peoria Portfolio)

Closing: On or Before July 10th

Portfolio Overview:

• 6 Properties
• 10 Total Units
• Can close ASAP

Property Breakdown

*1704 W Callender is currently vacant. Previous tenant paid $1,500/month, and ownership has a prospective tenant ready to sign at $1,600/month.

Financials

Current In-Place Rent: $9,920/month

Current Annual Rent: $119,040/year

Property Taxes: $17,000

Utilities: Owner pays two water bills for 1624 and 1804. Tenants pay all other utilities across the entire portfolio

Projected Stabilized Rent: $10,020/month

Projected Annual Rent: $120,240/year

NOI: $80,000

Seller-Stated Full Occupancy Potential: Approximately $11,500/month ($138,000/year)

Additional Notes

• Most leases were recently renewed through May/June 2027.
• Multifamily properties are city-certified for multifamily use
• Properly metered units
• Closing with Peoria Title
• Strong occupancy history across the portfolio.
• Multifamily assets come with city certification confirming multifamily zoning.
• Opportunity for additional rent growth on select units.
• Ideal portfolio for an investor seeking immediate cash flow with upside through stabilization and rent optimization.
• Asking Price: $700,000

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors