Property summary
This exceptional investment opportunity presents a five-unit multifamily property located at 1304 Kratzinger Hollow Road, Cobden, IL 62920. The property, known as "BOAR'S NEST," consists of five spacious studio-type cabins built in 2006. This established business has operated successfully as a tourist destination in Union County for several years, offering a turnkey operation for a new owner. The asking price is $320,000. The property is comprised of five individual buildings, each a separate unit, situated on a quiet lot. The well-built cabins are ready for immediate occupancy and continued operation. This is an ideal investment for those seeking a profitable, established business with minimal startup costs. The property's location in Cobden, Illinois, provides easy access to local attractions and amenities. Serious inquiries are encouraged to schedule a private showing to fully appreciate this unique opportunity. Please schedule appointments in advance to avoid disrupting current operations.
Property profile
VerifiedCap rate & NOI
Current use
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Bed & Breakfast Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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