352 College Ave - Apartments FOR SALE


Valparaiso, IN 46383- Downtown Valparaiso
$1,997,500 USD
219-805-5200
352 College Ave, Valparaiso, IN for Sale
$1,997,500 USD
Apartments - FOR SALE
1/30
null | 7.99% Cap Rate

352 College Ave
Valparaiso, IN 46383
Downtown Valparaiso


OVERVIEW

Ellsbury Group is pleased to present College Square Apartments, located at 352-356 College Ave, Valparaiso, IN, consists of two 6-unit buildings totaling 12 spacious 4-bed/2-bath units averaging 1,400 sq ft each. Built in 1991 and totaling 16,800 sq ft on a 28,314 sq ft lot, the property has seen 11 of 12 units renovated within the past two years. Each unit features individual furnaces, AC units, and water heaters, with on-site coin laundry available. Situated within walking distance of Valparaiso University, this well-maintained property offers a strong investment opportunity at $1,997,500 in Porter County.

FOR SALE DETAILS

PRICE

$1,997,500 USD

PRICE/SF

$119 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,458

CAP RATE

7.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

College Square Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

64-09-24-460-008.000-004

ASK ABOUT THIS PROPERTY

Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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