1230 Lake Charles Ave - Apartments FOR SALE


Porter, IN 46304
$6,520,000 USD
612-644-2235
1230 Lake Charles Ave, Porter, IN for Sale
$6,520,000 USD
Apartments - FOR SALE
1/13
null | 6.48% Cap Rate

1230 Lake Charles Ave
Porter, IN 46304


HIGHLIGHTS

  • Long-term tenants +5 Years average occupancy. New Leases seeing a $100 to $200 above the average
  • Chesterton Schools
  • All new roofs in 2016, and one building having a new roof in 2013.

FOR SALE DETAILS

PRICE

$6,520,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

44

PRICE/UNIT

$148,182

CAP RATE

6.48%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Charles Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

-

APN/PARCEL ID

64-03-34-426-002.000-026

ASK ABOUT THIS PROPERTY

Samuel McCarthyMarcus & MillichapMore Info
612-644-2235

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

Samuel McCarthyMarcus & MillichapMore Info
612-644-2235

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