INVESTMENT ALERT: DeKalb, IL Fraternity / Student Housing Portfolio 3 BUILDINGS | 9 CAP RATE | VALUE-ADD POTENTIAL | MLS # 12126301 & 12086738 & 12126281 - Invest where the demand NEVER stops! Located in the heart of NIU's famous Greek Row, this 80-room, high-performing student housing portfolio is the ultimate cash-flowing asset with room to expand by an additional 30 rooms! Why this is a HOT investment: High Demand - NIU is the area's largest employer & industry Prime Location - 1 mile from campus, 65 miles west of Chicago Strong Returns - New leases project a 11 CAP rate (2025-30) Turnkey Asset - Fully occupied with long-term tenants Future Growth - Across from an upcoming 16M Greek Life Center (2028) Well-Maintained - Recent upgrades to roofs, windows, mechanicals, and fire safety systems Easy Management - New online tenant portal is being incorporated, local property management company available on standby Opportunities to boost revenue: Expand by 30 more rooms Light-to-moderate amenity upgrades = higher rents This is your chance to own a high-performing, strategically located portfolio in one of the Midwest's strongest student housing markets! DM for details or request the Offering Memorandum NOW!
Year | Tax amount | |
---|---|---|
2023 | USD $47574 | THB ฿1,628,823* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to Berkshire Hathaway HomeServices Chicago
Property ID: 110093548741