EIU Student Housing, Charleston, Illinois 61920

NO LONGER AVAILABLE
Available Negotiable
Package: 53 properties
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For more information on this property, please contact:

Alex Ruggieri

Vice President Brokerage

217-841-4382

Property description

All Six Portfolio Groups: 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 fifty-three different units. All within walking distance (blocks) of the campus. Each unit has been well maintained and cared for. The package is made up of six portfolios. Each portfolio has four to fifteen units, with two to eight bedrooms and one to three bathrooms per unit. 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
  • 53 Well Maintained Campus Properties
  • 6 Different Portfolios
  • Building Class: B
  • CAP: 9.00 %
  • Cross Street: Lincoln
  • Eastern Illinois University Student Housing
  • GRM: 7.02
  • Location Class: B
  • No. of Buildings: 53
  • Price Per Unit: $159,528
  • Total Units: 53

Map & directions

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