Listed by NAI DESCO - St. Louis, NAI DESCO
$6,650,000
Trailblazer Commons Student Housing
Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 37,422
Units 131
Beds 131
Cap Rate 6.76%
Class B
Year Built 2014 / 2016
Buildings 2
Stories 3
Acreage 4.240
Two modern student housing buildings located adjacent to Lewis & Clark Community College.
Marketing description
Located in Godfrey, Illinois, approximately 30 miles north of St. Louis, Missouri, Lewis and Clark Community College serves roughly 12,000 students annually.
The college offers a broad range of academic transfer, career training, and workforce development programs, drawing students from throughout Southern Illinois and the greater St. Louis metropolitan area. Its consistent enrollment base supports ongoing demand for student-oriented housing in the surrounding market.
Investment highlights
- For Sale 37,422 SF
- Student Housing Apartment Buildings
- Sale Price: $6,650,000 (Contact broker for 2025 YE financials & 2026 projections)
- 131-bed student housing buildings
- Building 1, built in 2014; Building 2, built in 2016
- Adjacent to the Lewis & Clark Community College campus
- Fully furnished apartments
- On-site laundry facilities
- All units include appliances and TVs
- Situated 6 miles north of Alton, IL in the St. Louis MSA
Listing Contacts
Listed by NAI DESCO - St. Louis, NAI DESCO
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