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    OFF-MARKET
    Small apartment buildings

    1304 Kratzinger Hollow Rd, Cobden, IL 62920

    Built 2006
    Property ID
    US28-5064274
    Property summary
    AI-generated overview

    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
    Verified
    Property type Small apartment buildings
    Year built 2006
    UPID US28-5064274
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Boars Nest Bed & Breakfast Bed & Breakfast Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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