CBRE, as exclusive marketing advisor, is pleased to present the opportunity to acquire Willow Park (“the Property”), a 121-unit, garden-style apartment community situated on 5.03 acres in Swansea, Illinois. Constructed in 1987, the residential property includes 85,102 square feet of rental space with a mix of one and two bedroom units.
Willow Park Apartment Homes is nestled in a beautiful neighborhood in Swansea, Illinois with professionally landscaped and maintained grounds. The Property is located just off 161 and just 5 miles from I-64, providing excellent access to the greater St. Louis region. Swansea, Illinois is a village located in St. Clair County, part of the Greater St. Louis MSA. It has a population of approximately 13,000 residents and is known for its suburban feel, community amenities, and proximity to urban services.
Swansea is centered between Fairview Heights to the north and Belleville to the south. This is a vibrant area with a range of recreational options, shopping centers, and dining establishments, including St. Clair Square Mall, a 1,084,898 sq. ft. shopping center which is just 5 miles from Willow Park.
Willow Park is being sold with an attractive assumable debt of 3.80%. A call for offers date will be announced during marketing.
Willow Park is being sold with an attractive assumable debt of 3.80%. A call for offers date will be announced during marketing.
Willow Park is part of a larger 4-property, 504-unit portfolio. Properties can be purchased individually or as a portfolio.