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Westside Apartments 219 S F St 12 Unit Mobile Home Park $567,510 CAD ($47,293 CAD/Unit) 15.57% Cap Rate La Harpe, IL 61450
Executive Summary
CASH COW!!!
Beautiful 12 unit complex. 3 buildings. Each building has 4 x 2bed/1bath units. Units rent for $650 each!!! Property is in excellent condition. Separate electric meters and water. Low maintenance, baseboard heating, window a/c. WILL GENERATE A 17.35%+ NET RETURN ON INVESTMENT!!! $75K IN VALUE ADD!!!! Each building has a laundry room for more income. Do not miss out on this amazing opportunity!!!
Financing is available!
Beautiful 12 unit complex. 3 buildings. Each building has 4 x 2bed/1bath units. Units rent for $650 each!!! Property is in excellent condition. Separate electric meters and water. Low maintenance, baseboard heating, window a/c. WILL GENERATE A 17.35%+ NET RETURN ON INVESTMENT!!! $75K IN VALUE ADD!!!! Each building has a laundry room for more income. Do not miss out on this amazing opportunity!!!
Financing is available!
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$127,722
|
$15.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$127,722
|
$15.20
|
| Taxes |
$16,609
|
$1.98
|
| Operating Expenses |
$25,919
|
$3.09
|
| Total Expenses |
$42,528
|
$5.06
|
| Net Operating Income |
$85,193
|
$10.14
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $127,722 |
| Annual Per SF | $15.20 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $127,722 |
| Annual Per SF | $15.20 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,609 |
| Annual Per SF | $1.98 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,919 |
| Annual Per SF | $3.09 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $42,528 |
| Annual Per SF | $5.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $85,193 |
| Annual Per SF | $10.14 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Security System
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Double Pane Windows
- Pantry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $851.48 CAD | 700 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 06-21-000-121 | Total Assessment | $64,258 CAD (2024) |
| Land Assessment | $2,801 CAD (2024) | Annual Taxes | $16,609 CAD ($1.61 CAD/SF) |
| Improvements Assessment | $61,458 CAD (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
06-21-000-121
Land Assessment
$2,801 CAD (2024)
Improvements Assessment
$61,458 CAD (2024)
Total Assessment
$64,258 CAD (2024)
Annual Taxes
$16,609 CAD ($1.61 CAD/SF)
Tax Year
2026
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Westside Apartments | 219 S F St
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