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3530 E Lake Drive N - Walnut Trails Apartments, Elkhart, IN

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3530 E Lake Drive N - Walnut Trails Apartments

Elkhart, IN 46514-4704 - Evergreen MF Submarket

Property Type:Multi-Family Number of Units:210 Status:Existing Year Built:1991
Stories:2 Building Size:192,360 SF Land Area:12.76 AC (555,826 SF)
For Sale Price:$11,750,000 Price/Unit:$55,952.38 Cap Rate:7.27 % GRM:-

Parking:1.04 Parking Spaces / 1,000 SF

Sale Notes:
§ Quality Construction 114 Units Built in 1970, 96 Units Built in 1986
§ Five Distinctive Floor Plans with Numerous Upgrades
§ Comprehensive Amenity and Recreational Package
§ Easy Access to I-80/90 - Close to Major Employers in Elkhart
§ High Revenue Growth Potential

Marcus & Millichap Inc
Brent Silcox
(317) 218-5319

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