Street Address

500 Saluki BLVD ​ | ​ Carbondale, IL 62902


No. of Beds


No. of Units


Year Built


No. of Beds


No. of Units


Year Built


Proximity to Campus

The Opportunity

Beautiful Location Teeming with Upside
  • South of campus on the reservoir, The Reserve at Saluki Pointe offers students a best-in-class amenity package along the water within 0.4 miles from campus. The combination of the premier location, strong physical attributes, and comprehensive amenity package present the opportunity to position The Reserve as the premier destination for SIU students.
  • Built in two phases in 2008 and 2009, The Reserve at Saluki Pointe offers a new owner the opportunity to enter a market strongly positioned for growth at well below the cost of current new construction.
  • Southern Illinois University (SIU) in Carbondale’s Freshman enrollment made a huge jump in 2020, with a 31.2% increase. 7,400 students, 65% of the student population, currently live off-campus, and with the University’s emphasis on enrollment growth and test-optional admissions increasing applications, 1,100 additional students are projected to require off-campus housing by 2023.
Repositioning Opportunity
  • With significant planned enrollment growth and limited new supply in future years, new ownership is poised to increase occupancy and substantially increase revenue. While offering some of the largest floorplans in the market, The Reserve is currently $50 per bed below select floorplans of comparable properties. By leveraging the strengthening market fundamentals and value-add enhancements, new ownership has the ability to stabilize occupancy, close the rental rate disparity, and capture exceptional NOI growth.
  • Opportunities for operational efficiencies, including potential payroll savings, the cancellation of the cable contract, and implementation of water rebill, ​ provide further upside and ability to drive cash flow and achieve outsized returns.

The Asset

Unit Amenities
  • Fully-Furnished Units
  • Fully-Equipped Kitchens
  • Modern Appliances
  • Private Bedrooms and Bathrooms
  • Patios and Balconies
  • Cable and Internet
  • In Unit Washer and Dryer
  • Storage Closets
Community Amenities
  • 24-Hour Fitness Center
  • Swimming Pool
  • Basketball Court
  • Sand Volleyball Court
  • Outdoor Grilling Station
  • Dog Park
  • Game Room
  • Movie Theater
  • Business Center with Starbucks Gourmet Coffee Bar
  • Free Shuttle to Campus with the Saluki Express

The Location

Photo Gallery

The University

Founded in 1869 as the state's second teachers college, Southern Illinois University Carbondale (SIUC or SIU Carbondale) is a comprehensive four-year, public research university. The Carbondale location serves as the Southern Illinois University System's flagship campus. In 2015, SIU Carbondale was one of only 47 first-time public university recipients of the prestigious community engagement classification from the Carnegie Foundation for the Advancement of Teaching. In the fall of 2020, SIUC welcomed 11,366 students, including 1,361 first-time undergraduate students.

Southern Illinois University Carbondale is situated less than one mile from the city's downtown. The main campus encompasses more than 1,136 acres, comprising 245 facilities that boast 7.2 million square feet of building space combined. The crown jewel of the campus is its beautiful 40-acre, spring-fed Campus Lake. The university's College of Agricultural Sciences maintains a 2,159-acre working farm and forest system called University Farms, which serves as a major research and education laboratory.

SIU Carbondale received a total of 6,165 first-time undergraduate student applications for the fall 2020 semester, of which 1,361 enrolled at the start of the academic year, equating to a 31.2% increase from one year prior. The university boasts a significant out-of-state student population, which represents over 28% of its current student body. In addition, SIUC welcomed 1,284 transfer students to its campus in fall 2020.

SIU Carbondale offers a variety of university-operated housing facilities with a total capacity of approximately 4,000, leaving more than 7,360 students in need of off-campus housing options.

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