Apartments For Sale • 58,515 SF
| Established 54-unit garden-style apartment complex located in Belleville, Illinois |
| 37% of the units have been updated achieving a $148 average rent increase, allowing new ownership to complete upgrades and push rents |
| Strategic Metro East location, which offers access to the St. Louis metropolitan job market, while benefiting from lower operating costs in Illinois |
| Stable 3-mile demographics with the Average Home Value being $187,754 and the Average Household Income being $96,037 |
| All units are two-bedroom, one-bathroom with fireplaces, private balconies, and washer/dryer hookups, appealing to long-term renters |
| Close to major employers including Memorial Hospital, Southwestern Illinois College, and Scott AFB, providing a stable tenant base |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Belleville (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 4 min | - | 1.7 mi |
| Swansea (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) | 5 min | - | 2.2 mi |
| Airport | Drive | Walk | Distance |
| Scott AFB/Midamerica St Louis | 22 min | - | 9.5 mi |
| St Louis Lambert International | 46 min | - | 31.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 56 |
| Type: | Surface |
| Included in Rent: | Yes |