Ashburn Court Apartments
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Low-Rise/Garden, Student Housing
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Overview / Comments
Ashburn Court Apartments (the “Property”) is a 93% occupied student housing development opportunity at 506 S Graham Ave. Carbondale, IL 62901. The Property consists of 82,068 SF situated on 2.62 acres. This is an outstanding stabilized student housing investment near Southern Illinois University's campus.
This 110 unit complex offers newly renovated units, upgraded windows, and above area occupancy. The complex stays 90 percent occupied consistently. The Property offers on site laundry, game/recreation room, and outside common areas. Complex's proximity to campus and University Village make it an ideal location to take advantage of area amenities.
This development site is zoned R-3 and accommodates 110 units. The Property is suited for student housing with Southern Illinois University four minutes away. Southern Illinois University System is a strong, diverse, student-centered research-intensive and comprehensive university that recently earned the prestigious 2015 community engagement classification from the Carnegie Foundation for the Advancement of Teaching.
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