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PPM - IL Portfolio 2026

PPM - IL Portfolio 2026_Pand te koop

Kenmerken

Aantal eenheden
79
Bezettingspercentage
98%
Bruto gebouwoppervlakte
7.304 vierkante meter
Bruto landoppervlakte
11.331 vierkante meter

Beschrijving

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the PPM Portfolio, a 79-unit multifamily investment opportunity comprised of Foster Court, Green View Estates, and Yellow Creek Glen, located in the Northwest Illinois communities of Mt. Carroll, Morrison, and Freeport.


The Portfolio offers investors exceptionally stable, bond-like cash flow supported by a 98% average occupancy rate, resident tenures averaging 5.3 years, and historical collections exceeding 98%. Driving the Portfolio's exceptional occupancy and resident retention, residents benefit from a variety of amenities including community centers, community kitchens, laundry facilities, fitness centers, private garages, patio spaces, townhome-style floor plans, and on-site management.


The properties are strategically located between Davenport, IA, & Rockford, IL, two growing secondary markets that have experienced above average rental growth of 27% & 56% since 2016. The offering presents an opportunity to acquire a well-maintained, high-occupancy portfolio with durable cash flows and consistent operating performance.

...

Investeringskenmerken

  1. 98% average occupancy
  2. High-quality assets - property-wide renovations
  3. Rental upside - $315 average upside to 2026 max LIHTC rents
  4. Opportunity to assume in-place financing
PPM - IL Portfolio 2026 4_Pand te koop
PPM - IL Portfolio 2026 4_Pand te koop
PPM - IL Portfolio 2026 (3 Eigendommen)
PPM - IL Portfolio 2026 (3 Eigendommen)

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Laatst bijgewerkt Sep 16, 2026