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1151 Roger Ave
Swansea, IL 62226
Storyboard on Roger · Multifamily Property For Sale
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121 Units
Investment Highlights
- Established 121-unit garden-style apartment complex located in Swansea, Illinois
- Favorable mix of one and two bedroom units which appeal to a diverse and sophisticated variety of residents
- Excellent 3-mile demographics with the Average Home Value being $217,601 and the Average Household Income being $88,493
- Approximately 50% of the units have been updated achieving a $70 average rent increase allowing new ownership to complete upgrades and push rents
- Strong in-place cashflow with occupancy currently residing at 95%
- Five miles from I-64 providing residents access to all major employment centers, retail and entertainment amenities in the St. Louis Metro area
Property Facts
| No. Units | 121 | Building Size | 100,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1978/2011 |
| Building Class | B | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 2.85 AC | ||
| Zoning | R2 - Residential | ||
| No. Units | 121 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.85 AC |
| Building Size | 100,000 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built/Renovated | 1978/2011 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | R2 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Oven
- Range
- Sunroom
- Carpet
- Double Pane Windows
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Business Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Pet Play Area
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | - | 600 - 660 |
| 2+1 | 61 | - | 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $829,255 | |
| Land Assessment | $59,967 | Total Assessment | $889,222 |
Property Taxes
Parcel Numbers
Land Assessment
$59,967
Improvements Assessment
$829,255
Total Assessment
$889,222
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