9201 Kennedy Ave - Apartments FOR SALE


Highland, IN 46322
$1,350,000 USD
219-805-5200
9201 Kennedy Ave, Highland, IN for Sale
$1,350,000 USD
Apartments - FOR SALE
1/39
null | 7.3% Cap Rate

9201 Kennedy Ave
Highland, IN 46322


OVERVIEW

We are pleased to present a rare and exceptional investment opportunity in a well-maintained 9-unit multifamily property located in the desirable Northwest Indiana community of Highland. This asset offers investors immediate in-place cash flow with additional upside through continued rent growth. The property features a desirable unit mix designed to appeal to a broad tenant base, providing stable occupancy and consistent demand. Many of the units have been updated with modern finishes. The property is situated in a strong suburban location with close proximity to shopping, dining, parks, schools, and major highways, the property offers residents convenience and accessibility to both Northwest Indiana and the greater Chicago metropolitan area. With Highland’s strong rental fundamentals and limited supply this offering represents a compelling opportunity for investors seeking a turnkey multifamily asset with both dependable current income and future appreciation/rental growth potential.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

9

PRICE/UNIT

$150,000

CAP RATE

7.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

45-07-28-252-001.000-026

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.