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Westside Apartments 219 S F St 12 Unit Mobile Home Park $548,855 CAD ($45,738 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. Property is in good shape. Separate electric meters and water. Low maintenance, baseboard heating, window a/c. Units rent for $600 each. WILL GENERATE A 15.57%+ 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. Property is in good shape. Separate electric meters and water. Low maintenance, baseboard heating, window a/c. Units rent for $600 each. WILL GENERATE A 15.57%+ 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 |
$123,523
|
$14.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$123,523
|
$14.71
|
| Taxes |
$16,064
|
$1.91
|
| Operating Expenses |
$25,067
|
$2.98
|
| Total Expenses |
$41,130
|
$4.90
|
| Net Operating Income |
$82,393
|
$9.81
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $123,523 |
| Annual Per SF | $14.71 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $123,523 |
| Annual Per SF | $14.71 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,064 |
| Annual Per SF | $1.91 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,067 |
| Annual Per SF | $2.98 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,130 |
| Annual Per SF | $4.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $82,393 |
| Annual Per SF | $9.81 |
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 | $823.49 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 | $62,496 CAD (2024) |
| Land Assessment | $2,724 CAD (2024) | Annual Taxes | $16,064 CAD ($1.56 CAD/SF) |
| Improvements Assessment | $59,773 CAD (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
06-21-000-121
Land Assessment
$2,724 CAD (2024)
Improvements Assessment
$59,773 CAD (2024)
Total Assessment
$62,496 CAD (2024)
Annual Taxes
$16,064 CAD ($1.56 CAD/SF)
Tax Year
2026
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Westside Apartments | 219 S F St
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