Colonial East Apartments

Description

Discover this prime multifamily property set on 3.05 acres in Carbondale's sought-after Jackson County. With a sale price of $1,300,000, this investment opportunity features 40 units across 10 two-story buildings and includes a storage garage/coin laundry and a rentable single-family residence.
Major renovation is underway, enhancing the property's attractiveness. Each apartment provides two bedrooms, one bath, and well-equipped kitchens. Property highlights include a new front gate with security features and ample surface parking with 96 spaces.
Don't miss the chance to own the Colonial East Apartments and benefit from this thriving location! Reach out for financials and more details.

Strategically located near the Shawnee National Forest, Carbondale nurtures a vibrant community anchored by Southern Illinois University. This cultural hub offers a rich pool of potential tenants and a robust labor market.

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