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Pheasantwood Apartments 12 biens | Immeuble residentiel | À vendre | 4 898 828 € | Belleville, IL



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Established 96-unit multifamily property located in a quiet tree-lined neighborhood in Belleville, Illinois
- All units offer the ability to update and push rents further over a new ownership period
- Strong in-place cash flow
- Below-market rents allowing immediate value-add for new ownership
- All units have washer and dryer connections
- Offered free and clear of encumbrances and below replacement cost
RÉSUMÉ ANALYTIQUE
CBRE, as exclusive marketing advisor, is pleased to present the opportunity to acquire Pheasantwood Apartments (“the Property”), a 96-unit, garden-style apartment community situated on 4.95 acres in Belleville, Illinois. Constructed in 1980 and 1985, the residential property includes 64,800 total square feet of rental space throughout 12 buildings. Featuring one and two bedroom units and on-site parking, Pheasantwood Apartments will appeal to a diverse group of residents including young professionals, families and senior citizens.
Investors have an opportunity to acquire a well-performing multifamily asset that is primed for rent upside. All units are in classic or near classic condition allowing the opportunity for new ownership to have immediate value-add by updating units and pushing rents further over a new ownership period.
The Property is exceptionally well located in the Belleville, IL submarket, offering convenient access to the restaurants and retail stores along N. Illinois Street, as well as to I-64/40. Situated just 0.8 miles from the Memorial Hospital MetroLink Station, the buildings also benefit from adjacency to Belleville West Junior High School and Abraham Lincoln Elementary School along their southern edge.
Pheasantwood Apartments is being sold on a free & clear basis.
Investors have an opportunity to acquire a well-performing multifamily asset that is primed for rent upside. All units are in classic or near classic condition allowing the opportunity for new ownership to have immediate value-add by updating units and pushing rents further over a new ownership period.
The Property is exceptionally well located in the Belleville, IL submarket, offering convenient access to the restaurants and retail stores along N. Illinois Street, as well as to I-64/40. Situated just 0.8 miles from the Memorial Hospital MetroLink Station, the buildings also benefit from adjacency to Belleville West Junior High School and Abraham Lincoln Elementary School along their southern edge.
Pheasantwood Apartments is being sold on a free & clear basis.
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INFORMATIONS SUR L’IMMEUBLE
| Prix | 4 898 828 € | Nb de biens | 12 |
| Prix/m² | 590,40 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 8 297 m² |
| Statut | Actif | Surface totale du terrain | 1,92 ha |
| Prix | 4 898 828 € |
| Prix/m² | 590,40 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 12 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 8 297 m² |
| Surface totale du terrain | 1,92 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 8 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 1 497 m² | 1985 | - |
| 10 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 900 m² | 1985 | - |
| 5 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 780 m² | 1985 | - |
| 15 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 780 m² | 1980 | - |
| 7 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 743 m² | 1985 | - |
| 9 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 743 m² | 1985 | - |
| 13 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 591 m² | 1985 | - |
| 12 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 542 m² | 1985 | - |
| 1 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 439 m² | 1980 | - |
| 14 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 439 m² | 1980 | - |
| 3 Pheasant Wood Dr, Belleville, IL 62226 | Immeuble residentiel | 435 m² | 1985 | - |
| 16 Pheasantwood Dr, Belleville, IL 62226 | Immeuble residentiel | 409 m² | 1980 | - |
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Pheasantwood Apartments
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