164 East 61st Street
US - New York, NY
HK$64,096,000 | 5 units
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker is pleased to present Garden Glen, a 150-home garden-style community strategically located along I-64/I-57 in charming Mount Vernon, IL. Situated between Evansville and St. Louis, the city of Mount Vernon serves as a hub for manufacturing, logistics, and healthcare. The Property offers convenient apartment living, comfortable interiors, and easy access to proximate major employers. Garden Glen is ideal for families and the local workforce, offering a swimming pool, playground, volleyball court, tennis court, basketball court, and clubhouse. This rare Property is available on an all-cash basis.
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Attributes
Number of units
150 units
Occupancy
100.00%
Year built
2017
Building area Gross
130,472 sf
Media
Investment Highlights
- Excellent Accessibility
- Immediate Access to I-64 & I-57
- Exceptional Employers
- Manufacturing, Logistics & Healthcare
- Room To Push Rents
- 12% Rent-To-Income-Ratio
- Strong Market Fundamentals
- 22% Rent Growth Since 2020
- Muted Future Supply Pipeline
- Zero Properties
Contact brokers
Garden Glen (0 Properties)
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Last updated
18 Sep 2023
