Log In/Sign Up
Your email has been sent.
Carbondale Multifamily Portfolio 2 Multifamily Properties Offered at $7,350,000 in Carbondale, IL
Investment Highlights
- Portfolio Scale with Operational Efficiencies
- Compelling Cost Per Unit
- Strong Workforce Housing Demand
- Proximity to Southern Illinois University
- Opportunity for Operational Improvements
- Stable Regional Hub with Diverse Employment Drivers
Executive Summary
We have been exclusively retained by Ownership to market the Carbondale Multifamily Portfolio: Ashburn Court – 511 S. Graham Avenue and The Quads – 1207 S Wall Street. The properties total 226 units and 201,560 NRA (SF). The seller would prefer to sell the properties together as a portfolio but would consider offers for them individually as well. The properties are situated in the heart of Carbondale, which serves as the cultural, commercial, and social hub of Southern Illinois. Carbondale is anchored by Southern Illinois University as the downtown district benefits from a steady influx of students, faculty, and visitors- driving consistent foot traffic/economic activity throughout the year.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $7,350,000 | Number of Properties | 2 |
| Price / SF | $36.47 / SF | Individually For Sale | 0 |
| Cap Rate | 8.70% | Total Building Size | 201,560 SF |
| Sale Type | Investment | Total Land Area | 13.04 AC |
| Status | Active |
| Price | $7,350,000 |
| Price / SF | $36.47 / SF |
| Cap Rate | 8.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 201,560 SF |
| Total Land Area | 13.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Quads Apartments
1207 S Wall St, Carbondale, IL 62901 |
Multifamily | 119,492 SF | 1967 | - |
|
Ashburn Court Apartments
511 S Graham Ave, Carbondale, IL 62901 |
Multifamily | 82,068 SF | 1968 | - |
1 1
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Carbondale Multifamily Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.