2430-2440 Bowser Ave - Apartments FOR SALE


Fort Wayne, IN 46803- Hanna Creighton
$300,000 USD
260-333-7368
2430-2440 Bowser Ave, Fort Wayne, IN for Sale
$300,000 USD
Apartments - FOR SALE
1/26
null | 1% Cap Rate

2430-2440 Bowser Ave
Fort Wayne, IN 46803
Hanna Creighton


OVERVIEW

Opportunity is knocking! This expansive property offers nearly 27,000 square feet of space and is packed with potential for the right buyer with vision. Previously used as a women’s group home, the layout provides a unique and versatile setup that could be reimagined for a variety of uses. Inside, you’ll find numerous rooms, many if not all already plumbed for half baths—along with multiple kitchen areas, making it ideal for multi-unit conversion, assisted living, group housing, or other investment opportunities. Each end of the building features apartment-style living quarters, previously used for on-site management. The property also includes the vacant lot,adding even more flexibility for expansion, additional parking, or future development. Behind the building, there is a large parking area.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$11 USD /SF

# OF UNITS

66

PRICE/UNIT

$4,545

CAP RATE

1%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renaissance Pointe

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,490 SF

ZONING

R3

APN/PARCEL ID

02-12-12-458-014.000-074

ASK ABOUT THIS PROPERTY

Shelby VonDerauOpen Door Rentals and Real EstateMore Info
260-333-7368

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Shelby VonDerauOpen Door Rentals and Real EstateMore Info
260-333-7368

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