Sturges Property Group has been appointed the exclusive agent for the sale of the Ossian Apartment Community, an age-restricted (55+) multifamily property located at 301 Parent Drive in Ossian, Indiana. The 46-unit community is spread across four buildings on approximately 6.28 acres, with a portion of the land to be split at closing, offering investors a substantial multifamily asset with stable income potential.
The community features a desirable unit mix with a majority of units including front-facing garages and in-unit laundry throughout. Tenants are separately metered and responsible for all utilities, minimizing landlord expense exposure.
This offering presents investors with the opportunity to acquire a well-constructed, age-restricted multifamily asset in a growing Northeast Indiana community, with upside potential through future rental rate growth.
Broker’s Note: Please do not visit the property or disturb tenants.