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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



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 | Property Type | Multifamily |
| Price Per Unit | $148,182 | Building Size | 57,480 SF |
| Sale Type | Investment | Average Occupancy | 98% |
| Cap Rate | 6.48% | No. Stories | 2 |
| No. Units | 44 | Year Built | 1997 |
| 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 |
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1230 Lake Charles Ave - Lake Charles Townhomes
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