Apartment Buildings /IN /St Joseph County /South Bend /4317 Southview Ln
Apartment Buildings /IN /St Joseph County /South Bend /4317 Southview Ln

4317 Southview Ln - Apartments FOR SALE


South Bend, IN 46619 | 
317-269-1000
4317 Southview Ln, South Bend, IN for Sale
Apartments - FOR SALE
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4317 Southview Ln
South Bend, IN 46619

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HIGHLIGHTS

  • Low Basis Opportunity - 6% In Place Cap Rate and $100K Per Unit
  • Extensively Renovated: $5.4M Spent ($53K Per Unit)
  • Limited Nearby Competition
  • Ability to Raise Rents Immediately
  • Potential to Elevate the Amenities
  • Located in Thriving South Bend, IN - Avg. Rent Growth of 6.5% Over the Last 5 Years

FOR SALE DETAILS

PRICE

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# OF UNITS

102

CAP RATE

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% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

200

LAND DETAILS

LAND ACRES

5.12 AC

LAND SF

223,027 SF

ZONING

MF1

APN/PARCEL ID

71-08-09-302-006.000-026

ASK ABOUT THIS PROPERTY

Carrie BallardCBREMore Info
317-269-1000

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Carrie BallardCBREMore Info
317-269-1000

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