Historical Multifamily Sale Listing - Quadrangle Apartments

Multifamily For Sale

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Quadrangle Apartments

1207 S. Wall, Carbondale, IL 62901

N/A

117 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
117
Building Size:
95,472 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Additional Sub-types:
Multifamily (land)
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Gross Rent Multiplier:
6.13
Occupancy:
91%
No. Stories:
5
Year Built:
1968
Lot Size:
11.70 AC
Parking Ratio:
1.50 / 1,000 SF
Listing ID
14701884
Last Updated
over 1 year ago

Highlights

  • High demand student housing
  • Great opportunity for owner / managers
  • Excellent development possibilities

Description

5 four-story brick masonry buildings with pitched roofs. 117 units; 253 beds.

Pool, furnished units, extra storage closets, walk-in closets, high-speed internet access, all electric,
central laundry facility, vending area, located directly across from the University.

Includes an additional 5+ acres of multi-family ground with extremely high density zoning. Can yield up to 216 additional units. Will sell land seperate - call for details.

High demand property directly across from University of Illinois - Carbondale.

Map of 1207 S. Wall, Carbondale, IL 62901 (Jackson County)

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