- Upside of $220+/Per Unit/Per Month Through Strategic Interior Renovations
- Dynamic Location Proximate to the Best Shopping, Dining, and Entertainment Corridor in the Market
- Surrounding Properties Generating Top of Market Rents
- Offered at an Incredibly Attractive Basis, Well Below Replacement Cost
- Opportunity to Immediately Obtain Critical Mass with 163 Units
- Demonstrated Value-Add Upside in the Market
Upside of $220+/Per Unit/Per Month Through Strategic Interior Renovations
Mattis North provides the ability for new ownership to realize significant rental premiums of $220+/per unit/per month through the renovation of unit interiors including new appliances, resurfacing of countertops, painted cabinets, new flooring, a modern paint scheme, and updated fixtures.
Dynamic Location Proximate to the Best Shopping, Dining, and Entertainment Corridor in the Market
With superior connectivity and easy access to the entire Champaign MSA, Mattis North Apartments is proximate to the strongest shopping, dining, and entertainment corridor in the entire market, located just to the north. Within minutes of the community there are countless dining and shopping options including Meijer, Sam’s Club, Home Depot, Chick-Fil-A, Costco, Market Place Mall, Planet Fitness, Panera, and the entire Downtown Champaign District.
Surrounding Properties Generating Top of Market Rents
Assets in the immediate area include multiple Class-A and B communities that consistently achieve top of market rents upwards of $200 higher than current average rents at Mattis North. Through strategic interior modernizations, Mattis North will be a true competitor to comparable, more modern properties in the market.
