Marcus & Millichap is pleased to present Lida Lake Estates, a 72-unit apartment community constructed in 1994 and renovated in approximately 2016 to 2019. Lida Lake Estates is located in Rochelle, Illinois, and sits on five acres with ample green space and parking for tenant enjoyment.

Register now at bit.ly/MM-Bernanke for a lively discussion with former Federal Reserve chair Dr. Ben S. Bernanke hosted by the CEOs of Marcus & Millichap and TruAmerica Multifamily. They will discuss a range of critical topics including the economic outlook, ramifications of the election results and factors impacting commercial real estate. Don’t miss this timely live webcast.

#CRE #federalreserve #economicoutlook

What the Election Results Mean for Real Estate Investors

Cap rates for Rite Aid and Walgreens properties experienced cap rate increases of 19 and 15 basis points respectively.

Marcus & Millichap is proud to present to market two adjacent, fully-occupied buildings on one parcel, consisting of five multifamily units plus a commercial unit (salon).

Situated on a little over one acre, this 3,805-square foot, single-tenant medical office property is well suited for a number of uses including urgent care, surgical, plastic surgery, pain management, and general medical office.

Ideal for the multifamily investor seeking an affluent stable market like Naperville with upside in rents upgrading units, a developer with the area to potentially build another 4-unit building or an investor homeowner that would like to live in one unit for low housing costs.

National apartment conditions could be showing signs of improvement, according to apartment owners then responded to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions.