HIGH-YIELD 24-UNIT APARTMENT BUILDING 111 Bannon Dr Immeuble residentiel 24 lots 1 063 259 € (44 302 €/Lot) Taux de capitalisation 11,74 % Dwight, IL 60420

PROPERTY HEADLINE: HIGH-YIELD 24-UNIT APARTMENT BUILDING | 11.74% PRO-FORMA CAP RATE | HUD SUBSIDIZED
PROPERTY DESCRIPTION: Presenting a rare opportunity to acquire a high-yield, 24-unit apartment building with a stable and guaranteed income stream. This property is a high-performing asset, buoyed by a significant HUD subsidy that ensures consistent occupancy and reliable cash flow, making it a recession-resistant investment.
The property generated a 2024 Net Operating Income of over $146,000, demonstrating strong in-place financial performance. With a pro-forma capitalization rate of 11.74% at the asking price, this offering represents one of the most compelling investment opportunities in the market for an investor seeking immediate and substantial returns. The property offers a desirable mix of units and has been well-maintained. This is a perfect turnkey asset for an investor looking to add a reliable, cash-flowing property to their portfolio.

### INVESTMENT HIGHLIGHTS:
* HIGH-YIELD INVESTMENT | 11.74% PRO-FORMA CAP RATE This property offers an exceptionally strong in-place return. Based on the 2024 full-year financials, the pro-forma cap rate is 11.74%, providing an immediate and significant return on investment.
* STABLE & GUARANTEED INCOME STREAM A significant portion of the rent roll is subsidized by a HUD contract, drastically reducing vacancy and collection loss. This government backing provides a reliable income stream that is insulated from market fluctuations.
* PROVEN FINANCIAL PERFORMANCE The property boasts a strong history of income generation. The full-year 2024 Net Operating Income was $146,467 (pro-forma). The year-to-date 2025 financials show continued strong performance .
* VALUE-ADD POTENTIAL While the property is already a strong performer, there is potential to increase returns by raising rents on non-subsidized units to full market rate and implementing minor operational efficiencies.
* DESIRABLE 24-UNIT SCALE This property is the ideal size for a private investor, offering economies of scale that are easy to manage without the need for a large, institutional-level management team.
### FINANCIAL SNAPSHOT:
* Asking Price: $1,248,000
* Price Per Unit: $52,000
* 2024 Pro-Forma NOI: $146,467
* Pro-Forma Cap Rate: 11.74%
A full due diligence package, including detailed financials, is available upon request.