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390 N Beadle Dr - 390 North Beadle Drive 7 Unit Apartment Building Offered at $489,576 CAD at a 12.71% Cap Rate Carbondale, IL 62901
Executive Summary
B CLASS APARTMENTS!!!
Awesome 7 unit complex. Quadplex and Triplex on one parcel. Located in a very nice part of town. Units are rehabbed and will easily rent for $850-1000. Central heat and air, washer and dryer hookups, city water and sewer, separate electric and water meters! PROPERTY WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!!!
Property management and financing is available!!!
Awesome 7 unit complex. Quadplex and Triplex on one parcel. Located in a very nice part of town. Units are rehabbed and will easily rent for $850-1000. Central heat and air, washer and dryer hookups, city water and sewer, separate electric and water meters! PROPERTY WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!!!
Property management and financing is available!!!
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$97,126
|
$15.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$97,126
|
$15.42
|
| Taxes |
$18,185
|
$2.89
|
| Operating Expenses |
$78,942
|
$12.53
|
| Total Expenses |
$97,126
|
$15.42
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $97,126 |
| Annual Per SF | $15.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $97,126 |
| Annual Per SF | $15.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $18,185 |
| Annual Per SF | $2.89 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $78,942 |
| Annual Per SF | $12.53 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $97,126 |
| Annual Per SF | $15.42 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $1,156 CAD | - |
1 1
Property Taxes
| Parcel Number | 15-18-456-005 | Total Assessment | $160,239 CAD (2024) |
| Land Assessment | $24,358 CAD (2024) | Annual Taxes | $18,185 CAD ($2.89 CAD/SF) |
| Improvements Assessment | $135,881 CAD (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
15-18-456-005
Land Assessment
$24,358 CAD (2024)
Improvements Assessment
$135,881 CAD (2024)
Total Assessment
$160,239 CAD (2024)
Annual Taxes
$18,185 CAD ($2.89 CAD/SF)
Tax Year
2026
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390 N Beadle Dr - 390 North Beadle Drive
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