University Rentals 6 biens | Immeuble residentiel | À vendre | 1 914 007 € | Carbondale, IL

Explore this exceptional investment opportunity to acquire a portfolio of six multifamily properties in Carbondale, Illinois. The portfolio comprises 75 units in total, 55 two-bedroom, one-bathroom apartments projected to rent at $700 per month, and 20 one-bedroom, one-bathroom units anticipated to rent at $500 per month. With separate in-place electric and water meters and tenants responsible for all utilities, this low-maintenance investment is priced at roughly $30,000 per door, offering a strong value proposition and minimal overhead. Fully leased, the portfolio is expected to yield a net return exceeding 15.88%.

Over $850,000 in value-add improvements have already been made to these properties, positioning the portfolio as a stable, income-producing asset with upside potential. Investors can benefit from continued interior and exterior upgrades to drive rental growth and future appreciation. City water and sewer connections further reduce operational complexity.

Minutes from Southern Illinois University, a major public research university with approximately 12,000 full-time students, these properties are situated to attract a consistent stream of tenants. Carbondale’s strong rental demand is supported by a resident population that includes students, professionals, and retirees, creating long-term occupancy stability and cash-flow security.

Surrounded by rivers, lakes, golf courses, and the scenic Shawnee National Forest, Carbondale offers a high-quality life that draws and retains residents. The city is also a gateway to the Shawnee Hills Wine Trail, home to eleven picturesque vineyards that attract tourism and economic activity. With over 30,000 residents, $319.6 million in local consumer spending, and a renter household rate of 64% in the area, this multifamily portfolio offers immediate returns, long-term growth, and geographic desirability in one of Illinois’ most dynamic secondary markets.