Carbondale Multifamily Portfolio Multi-Family FOR SALE


Carbondale, IL
$7,350,000 USD
973-870-2916
, Carbondale, IL for Sale
$7,350,000 USD
Multi-Family - FOR SALE
1/35
null | 8.7% Cap Rate

Carbondale Multifamily Portfolio
Carbondale, IL


HIGHLIGHTS

  • Portfolio Scale with Operational Efficiencies
  • Proximity to Southern Illinois University
  • Compelling Cost Per Unit
  • Opportunity for Operational Improvements
  • Strong Workforce Housing Demand
  • Stable Regional Hub with Diverse Employment Drivers

OVERVIEW

We have been exclusively retained by Ownership to market the Carbondale Multifamily Portfolio: Ashburn Court – 511 S. Graham Avenue and The Quads – 1207 S Wall Street. The properties total 226 units and 201,560 NRA (SF). The seller would prefer to sell the properties together as a portfolio but would consider offers for them individually as well. The properties are situated in the heart of Carbondale, which serves as the cultural, commercial, and social hub of Southern Illinois. Carbondale is anchored by Southern Illinois University as the downtown district benefits from a steady influx of students, faculty, and visitors- driving consistent foot traffic/economic activity throughout the year.

ASK ABOUT THIS PROPERTY

Samuel FinklerBesen PartnersMore Info
973-870-2916

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Samuel FinklerBesen PartnersMore Info
973-870-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.