- Exceptional Location: Only Student Housing for Lake Land College
- Stabilized Project: High Going-In Yield
- Offered at an Incredible Basis
- Immediate Economies of Scale Increase Cost Efficiencies
- Offered Free and Clear of Existing Debt
Exceptional Location
Lake Land Living is anchored by Lake Land College, a staple for the Central Illinois economy. The college’s robust Ag Tech program offers the John Deere Tech Program, one of only 20 such programs in the US, which trains students to become high-in-demand service technicians for John Deere equipment. Lake Land Living offers students convenient walkability to campus. Most importantly, Lake Land Living is the only student housing option for Lake Land College and as a result all student athletes and international students stay at Lake Land Living!
Stabilized Project – High Going-In Yield
New ownership can walk into high yields from day one. Strong immediate positive cashflow from day one of ownership reduces risk, improving chances of success despite challenging market conditions. The existing high yield may also enable buyers to secure favorable financing terms, including potentially lower interest rates or higher loan-to-value ratios. This can decrease the equity requirement and increase overall returns on investment.
Offered at an Incredible Basis
Lake Land Living is offered at a highly attractive going-in basis relative to replacement cost and recent trades in the market. This offering positions new ownership to capitalize on the property’s value as well as broader market trends. Given the 1998 and 2008 vintages Lake Land Living offers modern era real estate at an incredible basis.
