Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,596,555
3 Beds
- 2 Baths
--sqft
161-306 Eagle Rdg, O'fallon, IL 62269
$1,596,555
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Multi Family
Built in 1980
$7,126 HOA
-- sqft lot
--/sqft
Description
Exceptional opportunity to acquire a 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently 15 of 17 units are occupied with rents at or slightly above market, generating $233,400 in annual gross income. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention.
Ideally located just one ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1980
HOA Fees
$7126
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26012429
MLS Status
Active
Days on Market
5
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