SOLD

Avalon at Poplar Creek Apartments

1900 Windsong Drive, Schaumburg, IL 60194

Property Overview

Poplar Creek is a 196-unit apartment complex located in Schaumburg, Illinois. The Poplar Creek apartment complex was constructed in 1986 and partially renovated in 2007.

Community amenities include a resort-style swimming pool and direct access to the adjacent public park, which offers tennis courts, a basketball court, baseball diamond, children’s playground and soccer field.

Additionally, the property is bordered by the Poplar Creek Country Club Golf Course and is only 1 mile from the Poplar Creek Forest Preserve where there are trails for hiking.

Investment at a Glance

Location: Schaumburg, IL

Property Type: Apartment Community

Acquisition Date: February 9, 2012

Purchase Price: $27,200,000

No. of Buildings: 20

No. of Stories: 2

No. of Units: 196

Square Footage: 178,490 SF

Year Built: 1986/2007

Leased Percentage (at the time of Acquisition): 95%

$27,200,000 Total Purchase Price
178,490 square feet Total Rentable Area
196 Units Apartment Community