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Devonshire Village Apartments
Danville, Illinois
For Sale - $7,850,000
Danville's premier apartment complex. Fully occupied with waiting list, prime location across from Turtle Run Golf Club.
- 132 unit apartment complex
- 11 2-story apartment buildings
- Clubhouse/leasing office
- 10 acres (13.2 units per acre)
- Average unit size: 1,020 SF
- 78 individual garages and approx 150,000 SF of open parking
Projected Income/Expenses
Gross Income $1,049,000
Expenses $429,925
NOI $619,075
Cap Rate 7.9%
Zoning
R-4 - High Density Multiple Family, City of Danville
This property is owned in whole or part by Illinois licensed Real Estate Brokers and principals of Coldwell Banker Commercial Devonshire Realty.
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