101655 . 6 Home SFR Investment Portfolio Belleville, IL (St. Louis, MO MSA)

For Sale

101655 . 6 Home SFR Investment Portfolio , Belleville, IL (St. Louis, MO MSA), IL 62226

This Belleville, IL (St. Louis, MO MSA) property for sale is located at 101655 . 6 Home SFR Investment Portfolio . The current listed sale price for 101655 . 6 Home SFR Investment Portfolio Belleville, IL (St. Louis, MO MSA) is $850,000. 101655 . 6 Home SFR Investment Portfolio Belleville, IL (St. Louis, MO MSA) is situated on a lot that is 1.44 acre in size.

Contacts

broker
Tom Johnston

SVN | SFRhub Marketplace

Property Details

  • Property Type Multi-Family
  • Property Size 7,221 SF
  • Units 6
  • Lot Size 1.44 Acre
  • Year Built 1936
  • Date Updated Jan 27, 2025
Located just 16 miles southeast of St. Louis, Belleville, Illinois, is the largest city in Southern Illinois and the seat of St. Clair County. With a rich history dating back to 1814, Belleville has transformed into a dynamic city that combines small-town charm with modern amenities and economic opportunities. Belleville boasts a diverse and growing economy, supported by key industries such as healthcare, education, retail, and manufacturing. The city is home to the Memorial Hospital Belleville, a leading healthcare provider in the region, as well as the Southwestern Illinois College, which offers a range of educational and vocational programs that support workforce development. In recent years, Belleville has focused on revitalizing its downtown area. The city’s Main Street is a hub for local businesses, dining, and cultural attractions, drawing residents and visitors alike. Additionally, Belleville benefits from its proximity to Scott Air Force Base, one of the largest employers in the region, which significantly contributes to the local economy and supports a steady influx of residents. To foster economic growth, Belleville has invested in infrastructure and development projects, including public transportation enhancements and business incentives. These efforts aim to attract new businesses, support existing enterprises, and enhance the overall quality of life for residents. Belleville has a population of approximately 41,000 residents, making it a thriving mid-sized city. The population is diverse, with a blend of families, young professionals, and retirees contributing to the community’s vibrancy. The city offers a variety of housing options, from historic homes to modern developments, accommodating a range of preferences and budgets. Belleville is known for its family-friendly atmosphere, excellent schools, and numerous recreational opportunities. Residents enjoy access to parks, trails, and community events, such as the annual Belleville Oktoberfest and Art on the Square, one of the nation’s top art fairs. With its strategic location, robust economy, and commitment to development, Belleville is an ideal place to live, work, and invest. Its focus on growth and community ensures a promising future for residents and businesses alike.
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Highlights

  • 6-home Single-Family Rental (SFR) portfolio in Belleville, Illinois
  • Asset mix includes 6 single family homes
  • There are 2 two-bedroom, 3 three-bedroom and 1 four-bedroom homes
  • 90% leased with fully vetted tenants (one back to market after reno)
  • Professional property management available
  • Minimal deferred maintenance
  • The average asking price for the homes of $141,667
  • Significant CapEx deployed throughout the Portfolio
  • Stabilized Year 1 Net Cap Rate of 9.13%
  • Stabilized Year 1 Annual Gross Yield of 13.76%
  • Stabilized Year 1 NOI of $77,631
  • Will allow cherry picking
  • All SVN® Offices Are Independently Owned & Operated
  • Local Broker License Information: www.SFRhub.com/realestatelicensing

Getting around

  • 62/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Belleville, IL (St. Louis, MO MSA), IL
  • Zip Code 62226
  • Market St Louis

Points of Interest

  • Circle K

    0.32 miles

  • BP

    0.50 miles

  • Zephyr Express

    0.85 miles

  • Moto Mart

    1.83 miles

  • Phillips66

    2.51 miles

  • BP Shop

    2.55 miles

  • Garden Ridge Parking

    4.95 miles

  • Hardee's Parking

    5.03 miles

  • Metro Link Long Term Parking

    5.07 miles

  • OTHS Parking

    6.70 miles

  • OTHS Faculty Parking

    6.79 miles

  • OTHS Weber Field Parking

    6.90 miles

  • O'Fallon Park and Ride

    7.91 miles

  • Belleville Inn & Suites

    1.99 miles

  • Super 8 - Belleville, IL

    2.41 miles

  • Best Royal Inn

    2.52 miles

  • Trailway Motel

    3.85 miles

  • Hampton

    4.44 miles

  • Fairfield Inn

    4.45 miles

  • Super 8 by Wyndham Fairview Heights-St. Louis

    4.63 miles

  • Holiday Inn St. Louis-Fairview Heights

    4.69 miles

  • Americas Best Value Inn Fairview Heights/St. Louis East

    4.69 miles

  • Shrine Guesthouse

    4.81 miles

  • Ruler Foods

    0.47 miles

  • Schnucks

    1.36 miles

  • ALDI

    1.39 miles

  • Target

    1.45 miles

  • Shop & Save

    3.53 miles

  • Marshalls

    3.63 miles

  • Ross

    3.65 miles

  • Kohl's

    3.78 miles

  • Fresh Thyme

    4.10 miles

  • Burlington

    4.27 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tom Johnston

SVN | SFRhub Marketplace

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