EIU Student Housing #5, Charleston, Illinois 61920

NO LONGER AVAILABLE
Available Negotiable
Package: 13 properties
Schedule a showing

For more information on this property, please contact:

Alex Ruggieri

Vice President Brokerage

217-841-4382

Property description

Normal Park Place Group: These properties are all located within blocks of the Eastern Illinois University campus, in Charleston, IL. Charleston is the largest city in Coles County (www.co.coles.il.us). EIU has been consistently named one of the top mid-western public universities in its class by U.S. News & World Report; and The Princeton Reviews Best Midwestern Colleges (www.eiu.edu). EIU produces more doctoral students than any other masters institution in Illinois; they were among the top 5 percent nationwide.

Eastern Illinois University is 135 miles from St. Louis, 120 miles from Indianapolis, and 180 miles from Chicago. Included in this package is thirteen different units. All within walking distance (blocks) of the campus. Each unit has been well maintained and cared for. This portfolio is made up of thirteen houses with 1615 Twelfth having a second unit. The units have two to eight bedrooms and one to three bathrooms. There is either driveways with garages or off street parking for each tenant. We have five other EIU portfolios that could be added. Each with a variety of homes and apartments, that have been well managed.

Features & amenities

  • Property Type: Multifamily
  • 100% Leased this year - 100% Leased for next year
  • 13 Well Maintained Campus Properties
  • Building Class: B
  • Can Add other Portfolios near by
  • CAP: 8.97 %
  • Cross Street: Twelfth St.
  • Eastern Illinois University Student Housing
  • GRM: 7.56
  • Location Class: B
  • No. of Buildings: 13
  • Price Per Unit: $146,154
  • Total Units: 13

Map & directions

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