Carisbrooke Apartments

Champaign, IL

Carisbrooke Apartments

Green Street Realty took over the management of Carisbrooke Apartments in September of 2009. The 320 unit complex was just a few years old, but suffering from poor management. At the time of takeover, the complex was running 67% occupied (215/320 units). Within 12 months we were able to get the property to 100% occupancy and increase the monthly rent roll by $85,000. We maintained occupany of nearly 100% through 2011 before we turned the property back over to the owners to manage.