- 432-bed student-housing asset built in 2008
- Recent capital expenditures on newly remodeled clubhouse and all new siding, roofs, and windows
- True value-add opportunity with rents well below new construction assets pedestrian to campus
- Significant revenue available in charging residents $25/month/bed for utilities, ability to implement this charge for the 2025-2026 academic year
The Pointe at U of I
The Pointe at U of I is a 432-bed student housing asset built in 2008, well-maintained and located just east of the flagship state university. Recent capital expenditures have been made on a newly remodeled clubhouse, as well as all new siding, roofs, and windows. The university has seen an enrollment increase of nearly 30% since 2014, with record-breaking first-year class enrollment for the 2023-2024 academic year. This presents a true value-add opportunity, as rents are well below new construction assets and the property is pedestrian to campus. There is also a significant revenue opportunity available by charging residents $25/month/bed for utilities, with the ability to implement this charge for the 2025-2026 academic year.
Triad is proud to be partnering with Shannon Collins at Emerald Partners on this listing, please reach out to either group for more information.
University of Illinois Urbana-Champaign
The University of Illinois at Urbana-Champaign, commonly known as U of I, is a public research university in Illinois. It is the flagship institution of the University of Illinois system and is known for its extensive research achievements and strong academic programs. The university offers a wide range of undergraduate and graduate programs across various disciplines and is renowned for its engineering, computer science, and business programs. U of I has a vibrant campus life and is home to a diverse and inclusive community of students, faculty, and staff. Enrollment has almost increased by 30% since 2014. The flagship state university achieved a record-breaking freshman class enrollment for the 2023-2024 academic year.
