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Multifamily

Pheasant Ridge Duplexes

661 Autumn Fields Ln, Rantoul, IL 61866

Listing Price: $5,000,000

Cap Rate
7.46%
Number of Units
90
Occupancy
92.0%
Price/Unit
$55,556
Price/Gross SF
$59.14
Gross SF
84,550

Investment Overview

Pheasant Ridge Duplexes is a 90-unit multifamily community built in 1965. Pheasant Ridge Duplexes is an ideal townhome community in the town of Rantoul, Illinois, approximately 15 miles northeast of Champaign, Illinois and the University of Illinois. Pheasant Ridge Duplexes is conveniently located near shopping, restaurants, entertainment and Interstate 57. Pheasant Ridge Duplexes is comprised of 90 three-bedroom/one-and-a-half-bath bi-level units with 1,660 square feet of living space, featuring large yards for outdoor entertaining. The property features spacious floor plans, new roofs, fresh interior and exterior paint on many units.

Investment Highlights

  • Add-Value Opportunity
  • Spacious Units with 1,660 sf of Living Space
  • Close Proximately to Interstate 57

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Bryan W. Kunze

    Senior Associate

    (630) 570-2239

    Email Bryan

    License(s): IL: 475.162316

    Chicago Oak Brook

Multifamily

Pheasant Ridge Duplexes

Listing Price: $5,000,000

Cap Rate
7.46%
Number of Units
90
Occupancy
92.0%
Price/Unit
$55,556
Price/Gross SF
$59.14
Gross SF
84,550

Investment Highlights

  • Add-Value Opportunity
  • Spacious Units with 1,660 sf of Living Space
  • Close Proximately to Interstate 57

Investment Overview

Pheasant Ridge Duplexes is a 90-unit multifamily community built in 1965. Pheasant Ridge Duplexes is an ideal townhome community in the town of Rantoul, Illinois, approximately 15 miles northeast of Champaign, Illinois and the University of Illinois. Pheasant Ridge Duplexes is conveniently located near shopping, restaurants, entertainment and Interstate 57. Pheasant Ridge Duplexes is comprised of 90 three-bedroom/one-and-a-half-bath bi-level units with 1,660 square feet of living space, featuring large yards for outdoor entertaining. The property features spacious floor plans, new roofs, fresh interior and exterior paint on many units.

Exclusively Listed By

  • Scott D. Harris

    Senior Managing Director Investments

    (630) 570-2220

    Email Scott

    License(s): IA: B65027000, WI: 15869-090, IN: RB14049474, IL: 475.139778

    Chicago Oak Brook

  • Bryan W. Kunze

    Senior Associate

    (630) 570-2239

    Email Bryan

    License(s): IL: 475.162316

    Chicago Oak Brook

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