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$5,750,000
3 Beds
3 Baths
64,800sqft
1 Pheasantwood Dr, Belleville, IL 62226
$5,750,000
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Multi Family
Built in 1985
$-- HOA
4.95 acres lot
$89/sq.ft
Description
Pheasantwood Apartments is a 96-unit, garden-style apartment community on 4.95 acres in Belleville, IL. Built in 1980 & 1985, the property includes 64,800 SF throughout 12 buildings.
Well-performing multifamily asset that is primed for rent upside. All units are in classic or near classic condition allowing the opportunity for new ownership to have immediate value-add by updating units and pushing rents further over a new ownership period.
Highlights:
? 96-unit multifamily asset in a quiet tree-lined neighborhood in Belleville
? Below-market rents allowing immediate value-add for new ownership
? Favorable mix of 1 and 2-bedroom floor plan styles
? All units have washer ...
- Houzeo last checked: 50 Minutes ago
- Listing updated: October 23, 2025 at 9:20 pm
- Listing Provided by: Matt Bukhshtaber | CBRE (314) 655-6000
- Source: MARIS MLS-MO | MLS#: MIS25062321
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
64,800 sqft
Lot Size
4.95 acres lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS25062321
MLS Status
Active
Days on Market
86
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