- Opportunity to Capture Huge Upside w/ Conventional Conversion
- Tremendous Potential for Significant Scale and Additional Revenue
- Ability to Command Demand in an Undersupplied Class A Market
- High-Visibility Location Near Key Area Demand Drivers
- Offered at a Highly Attractive Basis Relative to Market Cost
- Offered Free and Clear of Existing Debt
HUGE UPSIDE OPPORTUNITY WITH CONVENTIONAL CONVERSION STRATEGY
Located in an extremely constrained, conventional Class A Market at near-complete occupancy with a void of recent and upcoming deliveries, Copper View offers the rare opportunity to capture tremendous upside and market demand.
New ownership has the unique ability to capture tremendous upside upon completion of a conventional conversion strategy. The conversion of current 4 bed + 4 bath units into a combination of 1 bed + 1 bath and 2 bed + 2 bath units allows for significant scale amounting to an additional 48 units.
TREMENDOUS POTENTIAL FOR SIGNIFICANT SCALE AND ADDITIONAL REVENUE
Copper View offers a new investor an exceptional opportunity for significant scale and additional revenue upon conversion of the 4 bed + 4 bath units. With minimal upgrades to the remaining 111 units and resident amenity package, the property will be competitive with the very best in the market which are operating at full capacity and achieving much higher rent premiums.
HIGH-VISIBILITY LOCATION NEAR KEY AREA DEMAND DRIVERS
Situated in northwestern Champaign, alongside Dodds Park on Bradley Ave. Copper View Apartments boasts a prime location that’s exceedingly visible. Further, it’s also proximate to key area demand drivers in the city of Champaign, which offers urban perks with small city comforts.
