5107 W 77th Ct - Apartments FOR SALE


Schererville, IN 46375
$550,000 USD
219-805-5200
5107 W 77th Ct, Schererville, IN for Sale
$550,000 USD
Apartments - FOR SALE
1/7
null | 8.09% Cap Rate

5107 W 77th Ct
Schererville, IN 46375


OVERVIEW

Located in the desirable Schererville market, this 4-unit multifamily property offers investors the opportunity to acquire a well maintained asset with stable in-place income and room for future rental growth. The property consists of two 2-bedroom, 1- bath units and two 1-bedroom, 1-bath units, providing a unit mix that appeals to a wide range of tenants. With individually metered gas and electric service, individual furnaces, and individual water heaters, ownership benefits from lower operating costs while tenants enjoy added independence. The property's manageable size also makes it a great fit for an owner occupant looking to offset living expenses with rental income. Whether you're adding to an existing portfolio or purchasing your first multifamily property, this is a solid opportunity in one of Northwest Indiana's strongest rental markets.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,500

CAP RATE

8.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5107 W 77th Court, Schererville, Indiana

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

45-11-24-227-007.000-036

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.