Multifamily in Riverdale, IL

[Ruthber P.]

I am looking to offer in a multifamily in Riverdale, IL,  numbers look good, cash flow is ok on about 90% occupancy and the building is ok, lots of multifamily buildings in the area.

Not sure how the rental market on Riverdale will be a long-term, know that forecasting is not a science.

Any ideas on what to look?

Does anyone have any buildings or rentals on Riverdale?

Also shopping around for lenders, so if you have a good experience with a lender please send me the contact info.

RP.

[Ashley Pimsner]

@Ruthber P check the property taxes for the building you are considering-you might be shocked.

Last time I checked Riverdale property values were decreasing as real estate taxes were increasing.