44-Unit Multifamily Investment Opportunity – Park Place Apartments Park Place Apartments is a 44-unit multifamily community located in Bedford, Indiana, offering strong in-place income with meaningful additional upside through continued rent growth and operational efficiencies. The community consists primarily of spacious 2-bedroom, 1-bath apartment homes averaging approximately 900 square feet. The property maintains strong occupancy, with two previously vacant units recently leased at $915 per month plus a $50 monthly utility reimbursement. Tenants reimburse ownership for water, sewer, and trash and are responsible for their own electric. Ownership has made substantial capital investments throughout the property, significantly improving several of the property's major systems. Full HVAC system replacements have been completed in 33 of the 44 units, and 8 of the property's 10 building roofs have been replaced. Additional improvements include a newer lift station, extensive tree removal and grounds improvements, apartment renovations, and continued property enhancements. The property also includes two unfinished lower-level units, providing additional value-add potential and an opportunity to create additional rental income upon completion. Park Place offers meaningful revenue upside through continued rent optimization. Ownership has begun repositioning rents toward current market levels as leases renew, while maintaining strong occupancy. Current leasing activity demonstrates the opportunity to continue increasing rental income as the property transitions toward more standardized market rents. With substantial HVAC and roofing investment already completed, strong in-place income, and identifiable opportunities for additional revenue growth, Park Place Apartments provides an attractive opportunity for an investor seeking both current cash flow and future upside. Financials, current rent roll, capital improvement documentation, and additional property information are available upon request.