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Off Market
1/4

218 & 220 S Broad Street
Carlinville, IL 62626


HIGHLIGHTS

  • Matthews Real Estate Investment Services™ is pleased to present South School Loft Apartments, a 24-unit multifamily investment opportunity
  • Carlinville has experienced steady growth over the years and is home to several notable landmarks
  • South School Loft Apartments, formerly South School, was converted into multifamily housing in 2005
  • The property is comprised of 24 units, including sixteen (16) two-bedroom/one-bath apartments and eight (8) three-bedroom/one-bath apartments
  • With below-market rents and strong in-place cash flow, South School Loft Apartments presents investors with a rare opportunity to increase revenue

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

South School Loft Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

33338

STORIES

3

YEAR BUILT

1938

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

12-000-981-00