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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
Property Subtype Apartment
Building Class C
Lot Size 1.56 AC
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
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
64-03-34-426-002.000-026
Land Assessment
$208,700
Improvements Assessment
$908,200
Total Assessment
$1,116,900
  • Listing ID: 39217139

  • Date on Market: 1/26/2026

  • Last Updated:

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

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