260-377-5002
3115 Carroll Rd, Fort Wayne, IN for Sale
Apartments - FOR SALE
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3115 Carroll Rd
Fort Wayne, IN 46818
North Fort Wayne


HIGHLIGHTS

  • 20 Villa Investment can purchased for $6,500,000 with a 6.3% cap rate and $409,462 NOI
  • 56 Multi-family Townhouse Investment can be purchased for $13,500,000 with a 6.14% cap rate and $828,298 NOI
  • 76 Somerset Villas and Townhomes can be purchased together for $19,996,000 with a 6.22% cap rate and $1,243,751.20 NOI
  • Dog park - Sidewalks - Guest parking & driveway parking - Landscaping - Yard and street lighting
  • Floor plans commonly also include kitchen & nook, living room and back patio. - Samsung appliances with 5-year warranty

OVERVIEW

Acadia Commercial is pleased to offer for sale Somerset Townhomes & Villas Investment. These newly built homes were constructed in 2024 and are nestled within a vibrant, lush landscape, with manicured green spaces, private patios, walks, ponds, and a dog park, designed to enhance community bonds and create a sense of tranquility. Description: There are 6 different floor plans with square footage ranging from 1244 to 1328 square feet. Built by the largest home builder in northeast Indiana, Granite Ridge Builders, they have been constructed Class “A” and quality. It consists of custom wooden kitchen cabinets, granite countertops, high efficiency gas furnaces and air conditioning, under mount sinks, granite vanity tops, upgraded Delta fixtures, low maintenance fiberglass tub shower units and full-sized washer and dryer. All Samsung appliances are warranted. Location: These townhomes are located in the fastest growing area of Fort Wayne, the northwest quadrant. It is visible to Carroll High School and within to a mile of feeding elementary schools and middle school.  The site is on Carroll Road near SR 3-(Lima Road) which transports to the main Fort Wayne retail corridor, workforce and employment area, entertainment and to Interstate 69.  It also leads north to the towns of Huntertown, LaOtto, Avilla and Kendallville. *20 SOMERSET VILLAS CAN BE PURCHASED WITH SOMERSET TOWNHOMES, WITH 56 TOWNHOME APARTMENT UNITS. Villas Include: - 20 newly constructed single family homes - 3 bedrooms, 2 full bathrooms, One-Story, Single-Family Homes - Two Car Garages sized between 459 to 506 Square Feet and driveway parking - Lawn and landscape care and snow removal provided by Landlord. - Samsung appliances with 5-year warranty - Custom Wood Kitchen Cabinets - Granite Countertops - High Efficiency Gas Furnaces & Air Conditioning - Under Mount Sinks -Granite Vanity Tops - Upgraded Delta Fixtures - Low Maintenance Fiberglass Tub Shower Units - Full Sized Washer & Dryer Townhomes Include: - Double interior common walls for sound deadening - Deep attached garage & garage door openers - USB ports and cable wiring - 56 newly built townhome apartments in 3 different sized units. - 30 unit are 2 bedroom, 1 bathroom, 1-story, 928 SF, 1-single car garage. - 16 units are 2 bedroom, 2.5 bathroom, 2-story, 1,073 SF, 1-single car garage. - 10 units are 3 bedroom, 2.5 bathroom, 2-story, 1,424 SF, 1-single car garage. Call Tyler Binkley or Jackie Todd at 260-377-5002.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

76

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Somerset Townhomes & Villas Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

R3 - Multi-Family

APN/PARCEL ID

02-02-31-101-017.001-091,02-02-31-101-018.001-091,02-02-31-101-022.000-091,02-02-31-101-023.002-091,02-02-31-101-023.003-091

ASK ABOUT THIS PROPERTY

Tyler BinkleyAcadia CommercialMore Info
260-377-5002

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Tyler BinkleyAcadia CommercialMore Info
260-377-5002

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