551-564 N Clarence Avenue, Watseka, IL 60970
sale
$2,000,000
|
Other
Courtesy Of McColly Real Estate
GILMAN/WATSEKA - FOR SALE - 54 TOTAL UNITS - SUBSIDIZED SENIOR HOUSING - All 2 unit buildings (27 total buildings plus 1 office/recreational building) 42 units in Watseka, 12 units in Gilman. Currently tied into Rural Development/USDA loans and subsidized via USDA/RD/HUD. Any and all buyer must be qualified to acquire USDA/RD properties to continue with the subsidy structured payments. 48 - one bedroom units and 6 two bedroom units. Properties are in "Good" condition. Out of state owners are looking to liquidate their Illinois assets. Financials available to qualified buyers.
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Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- Building Units: 54
- MLSID: 11093257
- Roof Type: Composition
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