The Vues at North Liberty presents a turnkey, stabilized multifamily investment opportunity perfectly suited for investors seeking to place 1031 exchange funds into a high-performing asset. This complex, comprising 10 duplex buildings with recent 2024 upgrades, boasts a powerful 100% occupancy rate, offering immediate, reliable cash flow. Strategically located 15 miles southwest of South Bend in the growing North Liberty Township, the property benefits from strong regional demand. Investors acquire an updated, low-maintenance asset with demonstrable upside through rent improvement and potential expansion opportunities (carports/garage additions, or converting end-cap units) on the expansive 4.18-acre R2 zoned lot.
Location & Market Analysis:
North Liberty provides a key affordability buffer to the larger South Bend metropolitan area, driving strong, consistent demand for rental housing. Located just 15 miles southwest of South Bend, the town offers residents an accessible commute while maintaining a lower cost of living. This positioning ensures The Vues at North Liberty benefits from the economic strength of the county seat, maintaining high occupancy and providing a reliable tenant pool.
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