Cobblestone on Parkway
Below Market Assumable HUD Debt at 3.01% Income Upside of Over $150,000 2011 Construction | Exceptional Amenities Proven Rental Demand in the Submarket Convenient Location Proximate to Job Centers and Entertainment Below Market Assumable HUD Debt at 3.01% Cobblestone on Parkway is being offered with the option to assume the existing HUD loan, featuring a […]
Mattis North
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 […]
Lake Land Living
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 […]
MAC Apartments
Offered at an Incredible Basis – 2000 Construction Well Below Replacement Cost Excellent Location Blocks from Eastern Illinois University (8,600+ Students) Conservative In-Place Owner-Operator Desirable Mix of Large, One- and Two-Bedroom Units Offered Free and Clear of Existing Debt Offered at an Incredible Basis MAC Apartments is offered at an incredible basis, providing new ownership […]
Prairie Apartments
Property is 100% Leased and 97% Occupied | Including a 20% Loss to Lease Proven Operational Value-Add with Very Little General Cap Ex Needs Low Vacancy Submarket with No New Construction | Average Occupancy 98.5% Offered at a Very Attractive Basis Great Connectivity to Demand Drivers Upside of $236/Unit/Month with Strategic Interior Renovation Package Prairie […]
Aspen Court
Stabilized Student Offering Featuring Attractive Value-Add Upside Potential Extremely Attractive Assumable Fixed Debt – High-Leverage & Below-Market Rate Offered At A Low Basis – Significantly Below Current Replacement Cost 330 Units Offer Immediate Scale For New Entrants Into The Macomb Market Being Sold By The Original Local Developer – Consistent Local Ownership For 17+ Years […]
Windcrest
Offered With Attractive In-Place Financing (2.73% Fixed Rate | 4 Years I/O Remaining) Proven Value-Add With Significant Remaining Upside Substantial Capital Investment Into Exteriors, Amenities, And Units In Recent Years Dynamic Location Proximate To The Best Shopping, Dining, And Entertainment Corridor In The Market Offered At An Incredibly Attractive Basis Opportunity To Immediately Obtain Significant […]
Charleston Portfolio
Offered At An Incredibly Attractive Basis, Well Below Replacement Cost Strong Going In Yield With Upward Pressure On Rents Current Management Company To Be Included In Sale Of Assets Desirable Unit Mix Located Within Walking Distance Of Eastern Illinois University Prime Location Proximate To Dining, Retail, And Entertainment Venues Modern Construction Offering Low-Maintenance Ownership […]
Copper View
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 […]
Whispering Oaks
UPGRADE PREMIUMS OF $200+/UNIT WITH STRATEGIC INTERIOR UPGRADES ADDITIONAL REVENUE UPSIDE VIA MARKET-LEVEL FEE/OTHER INCOME CHARGES WELL-MAINTAINED ASSET PRIMED FOR VALUE-ADD RENOVATIONS STRATEGICALLY LOCATED ASSET PROXIMATE TO RESTAURANT, SHOPPING & ENTERTAINMENT OFFERED FREE AND CLEAR OF ANY EXISTING DEBT Upgrade premiums of $200+/unit with strategic interior upgradesWhispering Oaks offers vintage interior unit finishes that are […]
The Crossings Portfolio
UPGRADE PREMIUMS OF $125-150/UNIT WITH STRATEGIC INTERIOR ENHANCEMENTS A WELL-MAINTAINED ASSET PRIMED FOR VALUE-ADD IMPLEMENTATION OFFERED FREE AND CLEAR OF ANY EXISTING DEBT DESIRABLE UNIT MIX LOCATED IN AN EXCELLENT SCHOOL DISTRICT STRATEGICALLY LOCATED ASSET PROXIMATE TO ST. LOUIS AND ST. CLAIR COUNTY’S MAJOR DEMAND DRIVERS PROXIMATE TO RESTAURANT, SHOPPING & ENTERTAINMENT Upgrade Premiums of […]
Riverwood Apartments
UPSIDE OF $200/UNIT/MONTH WITH STRATEGIC INTERIOR RENOVATION PACKAGERiverwood provides the ability for new ownership to realize significant rent premiums of $200/unit/month through the renovation of unit interiors including new appliances, painted or refaced cabinets, resurfaced countertops, new flooring, a modern paint scheme, and upgraded fixtures. STRONG PROPERTY OPERATIONS | CURRENTLY 98% OCCUPIEDRiverwood is currently 98% […]
Carbondale Portfolio
Highly attractive going-in basis Substantial operational upside potential Recent capital improvements 524 Units provides the ability to obtain critical mass A hybrid leasing approach Proximate locations Exceptionally well located within Carbondale Carbondale’s largest demand driver: Southern Illinois university Offered free and clear of any existing debt HIGHLY ATTRACTIVE GOING IN BASISThe Portfolio is being offered […]
