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112 Manor Ct
Alton, IL 62002
Maple Manor · Multifamily Property For Sale
·
66 Units
INVESTMENT HIGHLIGHTS
- Community room
- On site, off street parking
- On site management
EXECUTIVE SUMMARY
***192 total apartments for sale. Must be sold as a package. 4 complexes within one block of each other. 4 address' are 112 Manor Court(64 units), 744 Washington(28 units), 824 Washington(45 units), and 1101 Washington(55 units)***
The Gallery Illinois comprises of four multifamily properties, each offering a mix of unit sizes and layouts ranging from studios to three-bedroom apartments which cater to a broad tenant base. This diversity enhances occupancy rates and income stability. Occupancy across the portfolio is historically 97%. Alton’s growing population and its appeal as a commuter town for St. Louis contribute to a robust rental market, ensuring consistent demand for multifamily housing. The portfolio offers a blend of affordability, growth potential, and stable rental demand.
The Gallery Illinois comprises of four multifamily properties, each offering a mix of unit sizes and layouts ranging from studios to three-bedroom apartments which cater to a broad tenant base. This diversity enhances occupancy rates and income stability. Occupancy across the portfolio is historically 97%. Alton’s growing population and its appeal as a commuter town for St. Louis contribute to a robust rental market, ensuring consistent demand for multifamily housing. The portfolio offers a blend of affordability, growth potential, and stable rental demand.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 4.17 AC |
| No. Units | 66 | Building Size | 145,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1955/2011 |
| Building Class | C | Parking Ratio | 0.69/1,000 SF |
| Zoning | Apartment | ||
| Sale Type | Investment |
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.17 AC |
| Building Size | 145,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2011 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | Apartment |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
- Package Service
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 33 | - | 555 |
| 2+1 | 23 | - | 800 |
| 3+1.5 | 10 | - | 1,080 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,337,423 CAD | |
| Land Assessment | $41,824 CAD | Total Assessment | $1,379,247 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$41,824 CAD
Improvements Assessment
$1,337,423 CAD
Total Assessment
$1,379,247 CAD
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