Student Housing N Illinois

Marcus & Millichap lists $31.75M student housing asset

Marcus & Millichap were awarded the exclusive listing of 512 South Third Street, a 140-unit, 400-bedroom student housing asset in Champaign, Illinois.

The asset is listed for $31.75 million and is located within walking distance of University of Illinois.

Scott Harris, Bryan Kunze and Nick Hillard, all of Marcus & Millichap, represented the seller.

The property was built in 2012 and each unit comes fully furnished with upgraded flooring, appliances, washer and dryer, dishwasher, refrigerator, oven and Jacuzzi tubs. All units are high-speed fiber internet access and cable ready. Parking is also available for students for $570 per year.