University Village is a 269-unit, 656-bed student housing community with a mix of one-, two-, three-, and four-bed units built in 1973 and renovated in 2013. This offering represents the opportunity to acquire a student housing community in Carbondale, Illinois, adjacent to Southern Illinois University (SIU).
For the fall semester of 2024, 11,700 students enrolled at Southern Illinois University, the highest enrollment increase in 33 years. SIU exceeded its enrollment goal for fall 2024 and is on track to enroll 15,000 students by 2030.
University Village offers its residents amenities, including the deepest pool in Carbondale, a fitness center, a game room, a dog park, a sand volleyball court, a business center, an outdoor fireplace lounge, and a shuttle bus stop.
This offering represents 100% fee simple interest in University Village, free and clear of any debt.