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Residences at Payton Place
Residences at Payton Place
View Offering Memorandum and Financials
Offering Summary:
Location:
Arlington Heights, IL
Year Built:
2021
Units:
263
Investment Highlights:
Fully Stabilized, Institutionally Owned Asset Consisting of 263 Units Built 2021
High-Profile Location in Arlington Heights, IL, 25 Miles Northwest of Chicago
Low-Supply Submarket with Strong Fundamentals: 4.1% Rent Growth with 95.8% Average Occupancy (3Q24)
Immediate Upside through Effective Rent Growth; Currently $275 (11%) Below Comps
Offered Well-Below Replacement Costs in Irreplaceable, Suburban Core Location
Exclusively Listed by:
Will Balthrope
Executive Managing Director
Email:
[email protected]
Phone:
210-343-7827
Drew Garza
Senior Vice President
Email:
[email protected]
Phone:
210-343-7848
The Best Access to Private and Institutional Capital
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