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404 Edgebrook Dr
Champaign, IL 61820
Windcrest Apartments · Multifamily Property For Sale
·
233 Units
PROPERTY FACTS
| No. Units | 233 | Building Size | 127,453 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2017 |
| Building Class | B | Parking Ratio | 2.62/1,000 SF |
| Lot Size | 6.96 AC | ||
| Zoning | MF2 - Multifamily Medium | ||
| No. Units | 233 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.96 AC |
| Building Size | 127,453 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2017 |
| Parking Ratio | 2.62/1,000 SF |
| Zoning | MF2 - Multifamily Medium |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Maintenance on site
ABOUT 404 EDGEBROOK DR , CHAMPAIGN, IL 61820
Windcrest features a favorable unit mix, with one hundred and nineteen (119) one bedroom/ one bathroom units and forty-eight (48) two bedroom/ one bathroom and sixty-six (66) studio units. The property was acquired through a foreclosure process in 2016 and had to be re-positioned. Ownership evicted delinquent tenants, renovated units and made targeted capital improvements to enhance the desirability. Approximately $2 MM has been invested including major items such as all roofs, windows and unit renovations in 2014 -2018. This is a great value-add asset opportunity with tons of potential.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 66 | $430.00 | 387 |
| 1+1 | 119 | $490.00 | 540 |
| 2+1 | 48 | $565.00 | 665 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,313,510 | |
| Land Assessment | $301,550 | Total Assessment | $1,615,060 |
PROPERTY TAXES
