512 E Hendelmeyer Ave | Effingham, IL 62401
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512 E Hendelmeyer Ave
Effingham, IL 62401
Colonnade Apartments · Multifamily Property For Sale
·
92 Units
INVESTMENT HIGHLIGHTS
- Secured by long-term Option 3 HAP Contract
- Newly constructed stairways throughout the complex
- Well situated in Southern Illinois, south of Champaign
- Went through Mark-to-Market restructuring in 2001
- Replaced carpet and flooring on an as-needed basis
- Surrounded by a quiet, residential neighborhood
PROPERTY FACTS
| No. Units | 92 | Lot Size | 6.50 AC |
| Property Type | Multifamily | Building Size | 92,000 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1981 |
| Zoning | Commercial/Bus | ||
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 6.50 AC |
| Building Size | 92,000 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1981 |
| Zoning | Commercial/Bus |
AMENITIES
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Property Manager on Site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $638.00 | 630 |
| 2+1 | 82 | $692.00 | 750 |
PROPERTY TAXES
| Parcel Number | 0311332040 | Improvements Assessment | $869,960 |
| Land Assessment | $104,070 | Total Assessment | $974,030 |
PROPERTY TAXES
Parcel Number
0311332040
Land Assessment
$104,070
Improvements Assessment
$869,960
Total Assessment
$974,030
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