Multifamily
Fox Run Apartments
115 Walnut Dr, St. Charles, IL 60174
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale Fox Run Apartments, a 220-unit multifamily community in Saint Charles, Illinois. This investment offers an investor the opportunity to acquire a fully renovated asset in a high demand submarket of the greater Chicago area. With strong rental demand and connectivity to one of the nation’s largest metropolitan centers, Fox Run Apartments is well-positioned for long-term growth.
Fox Run Apartments
Investment Highlights
- Assumable Debt: 5.94 Percent Interest Rate, 35 Year Amortization with Five Years Remaining (Must be Assumed)
- Over $5 Million in Recent Capital Improvements
- Rental Upside via Adding Barn Doors: $230 per Month Premium on $3,000 per Unit Investment
- Additional Opportunity to Capture the Remaining Loss to Lease
- 1.5 Miles from Downtown Saint Charles
- Median Household Income within One Mile is $104,041
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Assumable Debt: 5.94 Percent Interest Rate, 35 Year Amortization with Five Years Remaining (Must be Assumed)
- Over $5 Million in Recent Capital Improvements
- Rental Upside via Adding Barn Doors: $230 per Month Premium on $3,000 per Unit Investment
- Additional Opportunity to Capture the Remaining Loss to Lease
- 1.5 Miles from Downtown Saint Charles
- Median Household Income within One Mile is $104,041
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale Fox Run Apartments, a 220-unit multifamily community in Saint Charles, Illinois. This investment offers an investor the opportunity to acquire a fully renovated asset in a high demand submarket of the greater Chicago area. With strong rental demand and connectivity to one of the nation’s largest metropolitan centers, Fox Run Apartments is well-positioned for long-term growth.
Exclusively Listed By
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