Apartments For Sale • 100,000 SF
| Established 121-unit garden-style apartment complex located in Swansea, Illinois |
| Approximately 50% of the units have been updated achieving a $70 average rent increase allowing new ownership to complete upgrades and push rents |
| Favorable mix of one and two bedroom units which appeal to a diverse and sophisticated variety of residents |
| Strong in-place cashflow with occupancy currently residing at 95% |
| Excellent 3-mile demographics with the Average Home Value being $217,601 and the Average Household Income being $88,493 |
| Five miles from I-64 providing residents access to all major employment centers, retail and entertainment amenities in the St. Louis Metro area |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Swansea (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 4 min | - | 1.3 mi |
| Memorial Hospital (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 4 min | - | 2.3 mi |
| Airport | Drive | Walk | Distance |
| Scott AFB/Midamerica St Louis | 24 min | - | 12.1 mi |
| St Louis Lambert International | 44 min | - | 27.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 122 |
| Type: | Surface |
| Included in Rent: | Yes |