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Colliers is pleased to present Pine Ridge Apartments, a 220-unit garden-style community located at 1833 Seven Pines Road in Springfield, Illinois. Built in 1973 and situated on 12.77 acres, the property features thirteen three-story buildings with a mix of spacious one- and two-bedroom residences.
The community offers 28 one-bedroom units averaging 750 square feet with in-place rents of $874 per unit ($1.17/SF), and 192 two-bedroom units averaging 900 square feet with in-place rents of $1,020 per unit ($1.13/SF). Overall, Pine Ridge Apartments averages 881 square feet per unit with an average in-place rent of $995 ($1.14/SF), providing a competitively priced option within the Springfield market.