2305-2309 Cherry Hills DrSpringfield, IL 62704

Property Details for 2305-2309 Cherry Hills Dr

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional investment opportunity presents a 24-unit multifamily property located at 2305-2309 CHERRY HILLS Drive, Springfield, IL 62704. The property consists of two buildings, each featuring 12 fully remodeled units. These units underwent a complete renovation in 2019, boasting brand new HVAC systems, flooring, kitchens, bathrooms, and fresh paint throughout. This ensures high-quality living spaces for tenants and minimizes future maintenance needs. The property's strategic location adjacent to Hy-Vee and in close proximity to shopping centers, schools, and other amenities makes it highly desirable and attractive to a wide range of renters, contributing to strong occupancy rates and consistent rental income. The asking price for this turnkey investment is $1,900,000. While the square footage is believed to be accurate, it is not guaranteed. This property represents a compelling addition to any real estate portfolio, offering a blend of immediate income generation and long-term appreciation potential. Don't miss this chance to acquire a well-maintained, high-demand multifamily complex in a thriving Springfield neighborhood.

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7737

Longitude

-89.6735

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].