Marcus & Millichap is proud to present a unique opportunity to acquire Nashville Flats, a multi-family asset located in the heart of South Bend, Indiana. This property consists of two buildings totaling 29 units with a strategic location offering proximity to local amenities, transportation hubs, and employment centers. Downtown South Bend is in the middle of a real transformation, with over $300 million of active and recent investment anchored by the ballpark district, Notre Dame-backed innovation development, and new multifamily projects. Nashville Flats benefits from excellent walkability, positioned within a well-established residential neighborhood and just footsteps to downtown South Bend, offering tenants easy access to shopping, dining, and entertainment options. The property’s location is further enhanced by its accessibility to major transportation routes, facilitating commuter access to nearby industrial and commercial hubs. This ensures a steady stream of working professionals seeking residential options in the area, contributing to strong tenant retention and rental income stability. The opportunity offers an investor a 12+% Cash on Cash return day one with significant upside potential through light unit renovations as well as common area and curb appeal updates. An investor will be able to achieve a near 10% Cap rate and a 17+% Cash on Cash return simply by pushing rents to levels already achieved in the building. With strong, stable cash flow and increasing demand for well-located rental units, Nashville Flats provides investors with a stable, long term investment opportunity. The property benefits from robust local economic fundamentals, which include consistent population growth and a diversified employment base. As rental demand continues to grow, Nashville Flats is poised to generate strong returns through rent appreciation and occupancy gains, making it an excellent investment for the future.