XFD Unveils IL Student Housing Community
In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.
By IvyLee Rosario
XFD Real Estate Partners, in partnership with Lewis & Clark Real Estate, completed 212 East, a mixed-use student housing development in Champaign, Ill., serving the University of Illinois’ students. The community is now open for the fall 2017 semester and residents are moving in.
The 428-bed, six-story property offers the following floorplans ranging from 830 to 1,112 square feet:
- two bed, two bath at $879 per month
- three bed, two bath at $849 per installment
- four bed, two bath at $779 per installment
Sophisticated Design
Apartment features include fully furnished spacious floorplans, washer/dryers, smart televisions in every living space and bedroom, queen sized beds, desk and chairs included, armoires, LED lighting, quartz countertops, waterfall edges, hardwood-style flooring, subway tile backsplashes, two refrigerators in the three- and four-bedroom units, floor-to-ceiling windows and garage parking. Internet, water, sewer and trash/recycling are the utilities included in the rent price. Residents have access to amenities such as a state-of-the-art fitness center, shared and private study rooms and lounges, an open community relaxation lounge, an outdoor courtyard with grilling stations, a coffee bar and 11,000 square feet of street level retail space.
“Our goal with 212 East was to build something where we wouldn’t have to explain the value to the customer. We wanted the product to speak for itself. From the moment that a student walks in, we want to set the bar for the level of service they can expect before we even greet them,” Samuel Mtunga, co-founder & COO of XFD, told Multi-Housing News. “Our design team and operations team worked extremely hard together to marry sophisticated design and functionality, and I believe it translates seamlessly to the resident experience 212 East has to offer.”
212 East is located less than half a mile from the student union and is within close proximity to restaurants, nightlife, grocery shopping and classrooms. Located a few blocks over from 212 East, another student housing community serving the University of Illinois, 512 South Third St., was listed for sale by Marcus & Millichap for $31.8 million.
Images courtesy of XFD Real Estate Partners
