Kimberly Apartments | Dekalb Illinois
Multifamily | 6.93% CAP
Marketing description
Kimberly Apartments offers investors a rare chance to acquire an 85-unit, value-add multifamily asset in the DeKalb market—just minutes from Northern Illinois University, the upcoming Meta (Facebook) data center, and the new Kraft Heinz distribution hub, both slated for 2025 completion.
These major developments are expected to drive sustained population and employment growth, directly increasing rental demand in the area. Prime location near highways, shopping, and employment hubs Minutes to NIU, Meta campus, Kraft Heinz distribution center
Kimberly Apartments consists of garden-style apartment buildings at 810 and 820 Kimberly Dr, offering a range of unit configurations and floor plans in a convenient, walkable location close to campus and major local amenities.
Investment highlights
85 Total Units
Three brick buildings with durable construction
802 Kimberly Drive
Tenants pay electric and gas
(7) 2 Beds/ 2 Baths
810 Kimberly Drive
Roof Age: 3 Years Old
(1) Studio
(12) 1 Beds
(21) 2 Beds
(5) 3 Beds
820 Kimberly Drive
Roof Age: 6 Years Old
(1) Studio
(5) 1 Beds
(31) 2 Beds
(2) 3 Beds
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