Investment Overview

Marcus & Millichap is pleased to present the unique multifamily and RV park investment opportunity located at 517 E Monroe Street in Metamora, Illinois. The property consists of three apartment buildings paired with an adjacent lot currently utilized as an RV park, creating a diversified income-producing asset with multiple revenue streams. The RV park is designed to accommodate up to 40 recreational vehicles. The park generates annual rent of $480 per RV, providing investors with an additional source of recurring income alongside the apartment rental revenue. Current ownership has made meaningful capital improvements to the property, including substantial plumbing upgrades within one of the apartment buildings. These investments help reduce future maintenance requirements, improve the overall condition of the asset, and position the property for continued stable operations. The combination of completed capital improvements and a diversified income stream make this an attractive investment for buyers seeking dependable cash flow with the potential for long-term value appreciation.