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1337 Willow Ct 6 Unit Apartment Building $900,000 ($150,000/Unit) 5.11% Cap Rate Schererville, IN 46375



Investment Highlights
- Access & Connectivity
- Desirable Brick Construction
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Off-Street Parking & Amenities
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1337 Willow Court in Schererville, IN (the “Property”). The three-story brick building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1- Bathroom units with 5,000 square feet of gross living area in 6,000 square feet of gross area. The Property is situated upon a 0.38-acre parcel and features twelve (12) off-street parking spaces.
1337 Willow Court is well-positioned in Schererville, offering convenient access to the community’s established residential neighborhoods, retail corridors, and commercial centers. The Property benefits from easy connectivity to major regional routes including U.S. Route 30 and U.S. Route 41, as well as close proximity to Interstate 94, providing efficient access throughout Northwest Indiana and into the greater Chicago metropolitan area.
1337 Willow Court is well-positioned in Schererville, offering convenient access to the community’s established residential neighborhoods, retail corridors, and commercial centers. The Property benefits from easy connectivity to major regional routes including U.S. Route 30 and U.S. Route 41, as well as close proximity to Interstate 94, providing efficient access throughout Northwest Indiana and into the greater Chicago metropolitan area.
Property Facts
| Price | $900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 5.11% | Building Size | 6,000 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Price | $900,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 2/1,000 SF |
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Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 45-11-05-130-007.000-036 | Improvements Assessment | $472,600 |
| Land Assessment | $105,600 | Total Assessment | $578,200 |
Property Taxes
Parcel Number
45-11-05-130-007.000-036
Land Assessment
$105,600
Improvements Assessment
$472,600
Total Assessment
$578,200
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1337 Willow Ct
