PROPERTY LISTED
Essex Realty Group, Inc. has been exclusively engaged to market for sale 830 & 935 Westmoreland Drive, (2) 8 unit apartment buildings located in the Chicago suburb of Vernon Hills. The buildings are a part of the ‘Villas By The Lake’ apartment complex. The properties feature a total of (8) 2Bd/1.5Ba units and (8) 1Bd/1Ba units.
LOCATION DETAILS
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HIGHLIGHTS
- Under Contract within Two Weeks of Marketing
- Rarely Available Investment Opportunity in Vernon Hills
- Current Cap Rate: 6.19%
- Stabilized Cap Rate: 8.14%
- Association Makes For Low Maintenance Investment
- Within 2 Miles of Metra and I-94