4479 E Shore Dr - Apartments FOR SALE


Bremen, IN 46506
$659,000 USD
574-261-1797
4479 E Shore Dr, Bremen, IN for Sale
$659,000 USD
Apartments - FOR SALE
1/14
null | 9% Cap Rate

4479 E Shore Dr
Bremen, IN 46506


OVERVIEW

This property features two well-maintained 2-story apartment buildings, each containing four spacious apartment units, for a total of eight units. Offering a mix of one-, two-, and three-bedroom layouts, each apartment includes a private entrance, providing residents with comfort and privacy. The property boasts a great quiet location on the scenic Lake of the Woods, creating an inviting and peaceful living environment. With convenient onsite parking for residents and a strong history of consistent occupancy, this property represents an excellent investment opportunity with long-term income potential. Lake of the Woods is located in Marshall County, Indiana, just 23 miles south of South Bend. Along the shore are a local marina, a resort & campground, and a public boat launch. Residents can enjoy the local amenities such as picnic tables, boat rentals, walking trails, and more.

FOR SALE DETAILS

PRICE

$659,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

8

PRICE/UNIT

$82,375

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,981 SF

ZONING

L-1

APN/PARCEL ID

50-43-07-000-158.004-005

ASK ABOUT THIS PROPERTY

Christopher BarthNAI CressyMore Info
574-261-1797

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Christopher BarthNAI CressyMore Info
574-261-1797

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