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1230 Lake Charles Ave - Lake Charles Townhomes 44 Unit Apartment Building Offered at $6,520,000 at a 6.48% Cap Rate Porter, IN 46304

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INVESTMENT HIGHLIGHTS

  • Long-term tenants +5 Years average occupancy. New Leases seeing a $100 to $200 above the average
  • All new roofs in 2016, and one building having a new roof in 2013.
  • Chesterton Schools

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $6,520,000
Price Per Unit $148,182
Sale Type Investment
Cap Rate 6.48%
No. Units 44
Property Type Multifamily
Building Size 57,480 SF
Average Occupancy 98%
No. Stories 2
Year Built 1997

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 36 - 1,330
2+2 8 - 1,200
  • Listing ID: 39217139

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 1230 Lake Charles Ave, Porter, IN 46304

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