601 W Center Dr - Apartments FOR SALE


North Liberty, IN 46554
$2,535,000 USD
219-488-2454
601 W Center Dr, North Liberty, IN for Sale
$2,535,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

601 W Center Dr
North Liberty, IN 46554


HIGHLIGHTS

  • Recently Updated
  • Turnkey Ready
  • Expansion available

OVERVIEW

Prime multifamily asset available. This apartment complex consist of 10 duplex buildings with current upgrades. Located 15 miles Southwest of South Bend, Indiana. 100% occupancy with good income and rent increase potential. This property is a 1031 exchange seeking to diversify multifamily portfolio. Develeopment opportunity to expand or convert to Independent Senior living or Assisted Living housing. All interested parties must sign a confidentiality agreement for fiancial information exchange. A 48 hr. notice minimum is required and will show 1 or two units as they share same layouts.

FOR SALE DETAILS

PRICE

$2,535,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

20

PRICE/UNIT

$126,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Vues at North Liberty

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

40

LAND DETAILS

LAND ACRES

4.18 AC

LAND SF

182,081 SF

ZONING

R2

APN/PARCEL ID

71-12-29-452-001.000-035,71-12-29-452-002.000-035,71-12-29-452-003.000-035,71-12-29-452-004.000-035,71-12-29-452-005.000-035,71-12-29-452-006.000-035,71-12-29-452-007.000-035,71-12-29-452-008.000-035,71-12-29-452-009.000-035,71-12-29-452-010.000-035

ASK ABOUT THIS PROPERTY

Juan VillarrealVillar Real Estate AdvisorsMore Info
219-488-2454

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Juan VillarrealVillar Real Estate AdvisorsMore Info
219-488-2454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.