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Westside Apartments 219 S F St 12 Unit Mobile Home Park $556,889 CAD ($46,407 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 |
$125,331
|
$14.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$125,331
|
$14.92
|
| Taxes |
$16,299
|
$1.94
|
| Operating Expenses |
$25,434
|
$3.03
|
| Total Expenses |
$41,733
|
$4.97
|
| Net Operating Income |
$83,599
|
$9.95
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,331 |
| Annual Per SF | $14.92 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,331 |
| Annual Per SF | $14.92 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,299 |
| Annual Per SF | $1.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,434 |
| Annual Per SF | $3.03 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,733 |
| Annual Per SF | $4.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $83,599 |
| Annual Per SF | $9.95 |
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 | $835.54 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 | $66,084 CAD (2025) |
| Land Assessment | $2,881 CAD (2025) | Annual Taxes | $16,299 CAD ($1.58 CAD/SF) |
| Improvements Assessment | $63,203 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
06-21-000-121
Land Assessment
$2,881 CAD (2025)
Improvements Assessment
$63,203 CAD (2025)
Total Assessment
$66,084 CAD (2025)
Annual Taxes
$16,299 CAD ($1.58 CAD/SF)
Tax Year
2026
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Westside Apartments | 219 S F St
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