2350 - 2400 1st Street A, Moline, IL
Senior Facilities for Sale - $1,793,000 - 25,635 Sq. Ft. on 3.79 acres
Property Info
CIMLS# | 845996 |
Location 2350 - 2400 1st Street A Moline IL 61265 | |
Updated | January 29th, 2016 |
Type | Senior Facilities |
Price | $1,793,000 |
Building | 25,635 Sq. Ft. |
Land | 3.79 acres |
Property Description
Investment sale of Forsberg Retirement Village, a 23 unit senior living center located on 3.79 acres in Moline, IL. Consists of (10) 2 BR/2 bath units, (8) 2 BR / 1 bath units and (5) 1 BR / 1 bath units. All ground floor units in 2 secure buildings with private garages. Built new in 1983 and in excellent condition. Contact LA for financial information.
Location Description:
At the cross streets of 1st Street A & 23rd Avenue. Just south of Jewel Osco and Westwood Terrace Apartments.
Highlights:
>> Great investment opportunity of 23 unit Forsberg Retirement Village
>> Located on 3.79 acres in a nice residential neighborhood on a cul-de-sac
>> Built new in 1983 and in excellent condition
>> All are ground floor units in 2 secure buildings
>> 10) 2 BR / 2 bath units, (8) 2 BR / 1 bath units and (5) 1 BR / 1 bath units
>> Units offer detached garages, private patio/deck and common laundry facility
>> Close to City Line Plaza with grocery store, banks, restaurants and bus stop
>> NOI 3 year average = $146,164
>> For sale at $1,793,000 - 8.15% CAP
>> Contact broker for additional financial info
* Email for additional photos
Financials
Sales Info:
>> Commision split: 3.0%