Carbondale Multifamily Portfolio

  • $7,350,000
For Sale New
511, South Graham Avenue, Carbondale, Jackson County, Illinois, 62901, United States
For Sale New
511, South Graham Avenue, Carbondale, Jackson County, Illinois, 62901, United States
  • $7,350,000
  • Portfolio
  • Property Type
  • 201,560
  • Gross SF
  • GROSS SF
  • 226
  • Residential Units
  • 1967/2010
  • Year Built
  • 8.7
  • Cap Rate
  • $32,522
  • Price Per Unit

Description

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.

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Details

  • Price: $7,350,000
  • Gross SF: 201,560 GROSS SF
  • Year Built: 1967/2010
  • Property Type: Portfolio
  • Property Status: For Sale
  • Residential Units: 226
  • Cap Rate: 8.7
  • Price Per Unit: $32,522
  • City Carbondale
  • State/County Illinois
  • Neighborhood/Area Carbondale

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Samuel R. Finkler
  • Samuel R. Finkler