Lincoln Park Townhomes.Northfield, Ill. — SK2 Campus Living, LLC, a student housing investment company owned by Charles M. Kiven and Randal J. Selig, recently acquired Lincoln Park Townhomes and 809 & 911 South Franklin in Normal, Ill.
The three properties are student apartments within blocks of Illinois State University. With these acquisitions, SK2's student portfolio is 343 bedrooms at Illinois State University and Bradley University in Peoria, Ill.
Lincoln Park Townhomes contain 39 three-level townhomes, each with four bedrooms with private bathrooms, in-unit full laundry machines, flat-screen televisions, private patios and parking. The buildings at 809 & 911 South Franklin contain 36 units with a mix of two-bedroom, two-bath and three-bedroom, three-bath units, in-unit stacked laundry machines, flat-screen televisions and private parking.
SK2 reports it is seeking additional acquisitions of student apartment buildings in walk-to-class locations throughout the United States.