Rare opportunity to acquire eight (8) townhome units in Portage, Indiana. Each unit features a spacious three-bedroom, one-and-a-half-bath layout with a private fenced back patio. Tenants are responsible for gas and electric utilities, while ownership covers water and trash service. The property currently generates over $143,000 in gross annual rental income, with projected income exceeding $168,000 once all units are brought to market rent. All units are fully occupied. A detailed rent roll and income/expense statement are available upon request. The asset is currently operating at a true 7% cap rate based on actual performance and projects to approximately an 8.4% cap rate at market rents with updated pro forma expenses. Opportunities to acquire stabilized, fully occupied multi-unit townhome properties in this market are rare. Please reach out for additional details or to request financials.