Stabilized Student Housing Apartment
For Sale
Contact for pricing
506 S Graham Ave, Carbondale, IL 62901
110-unit student housing complex with newly renovated units and upgraded windows, offering common amenities and consistently strong occupancy.
Property SizeContact for details
Days on Market122
Property Features for 506 S Graham Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
90%
Additional Details
Multifamily Units
110
Amenities
on site laundry
game/recreation room
outside common areas
Listing Agency:
Keller Williams Capital Realty
(812) 449-0050
Listed By:
Charlie Butler · License #IN RB14034751
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 4:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
This 110-unit apartment building is positioned as a stabilized student housing investment and is currently described as staying about 90% occupied consistently. The property includes newly renovated units and upgraded windows. On-site amenities feature laundry and a game/recreation room, along with outside common areas.
The complex is located near Southern Illinois University’s campus, with proximity to University Village referenced in the marketing remarks.
The current mix and configuration are presented as apartment units within the larger 110-unit complex, supported by on-site laundry, indoor recreation space, and exterior common areas for resident use.
The complex is located near Southern Illinois University’s campus, with proximity to University Village referenced in the marketing remarks.
The current mix and configuration are presented as apartment units within the larger 110-unit complex, supported by on-site laundry, indoor recreation space, and exterior common areas for resident use.
Key Highlights
- 110‑unit student housing complex near Southern Illinois University’s campus
- Newly renovated units
- Upgraded windows throughout the complex
Property Analytics
Current Use
Lease Details
110
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Explore this area
Business Placement
Demographics for 62901, IL
22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - 110-unit student housing complex with newly renovated units and upgraded windows, offering common amenities and consistently strong occupancy.
Where is this apartment building located?
The property is located at 506 S Graham Ave Carbondale, IL.
What are key features of this property?
This property features: 110‑unit student housing complex near Southern Illinois University’s campus; Newly renovated units; Upgraded windows throughout the complex
