- 89-bed student housing opportunity
- 1 & 2 bedroom units with bed-bath parity
- Less than one mile east of SIU campus
- Offered free & clear of existing financing
- Value-add asset at a university with stabilizing and growing enrollment
- Immediate cash yields while harboring the upside of rent and occupancy levels as university enrollment improves
The Hill
The Hill is a student housing opportunity featuring 89 beds for students. It offers one- and two-bedroom units with bed-and-bath parity, all located less than one mile east of the SIU campus. The property is free of existing financing, making it an attractive option for investors. It is a value-add asset situated at a university with stabilizing and growing enrollment. Furthermore, it provides immediate cash yields, along with the potential for increased rent and occupancy levels as university enrollment improves.
Southern Illinois University
Southern Illinois University (SIU) Carbondale, founded in 1869, is the flagship campus of the Southern Illinois University system. Its mission to provide quality and affordable education to surrounding communities has remained constant. Located in Carbondale, SIU has a strong history of graduating well-prepared students. In 2024, the university saw a 3.79% enrollment increase, marking the largest growth in over two decades, with total enrollment reaching 11,359. Freshman enrollment also rose by 6.79%, continuing a four-year trend of growth, which supports SIU's goal of 15,000 students by 2030 via the Imagine 2030 plan.
SIU is known for its strong academic programs and vibrant athletic teams, the Salukis, competing at the NCAA Division I level. The campus is undergoing a $500 million improvement project called "Saluki Way." With its commitment to excellence and community engagement, SIU Carbondale is set for a promising future.
