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2507 E 1100 N 4 Unit Apartment Building $699,500 ($174,875/Unit) Demotte, IN 46310
INVESTMENT HIGHLIGHTS
- Business and LAND
- Seller Financing Available
- Owner's Unit plus 3 Get-away units
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $699,500 | Building Class | B |
| Price Per Unit | $174,875 | Lot Size | 5.00 AC |
| Sale Type | Investment | Building Size | 7,095 SF |
| Sale Condition | Business Value Included | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2002 |
| Property Subtype | Apartment | ||
| Zoning | PUD-B - 2 Parcels: PUD-B - Planned Unit Development in a Business District | ||
| Price | $699,500 |
| Price Per Unit | $174,875 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 5.00 AC |
| Building Size | 7,095 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2002 |
| Zoning | PUD-B - 2 Parcels: PUD-B - Planned Unit Development in a Business District |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Pool
- Sauna
- Fiber Optic Internet
ABOUT 2507 E 1100 N , DEMOTTE, IN 46310
Visionaries & Investors - Welcome to Port DeLou. A rare opportunity awaits with this one-of-a-kind 5 ACRE property. Formerly a romantic getaway destination for honeymooners and city escape seekers, Port DeLou is ready to be reimagined as a premier 3-4 unit Airbnb boutique retreat and getaway. THE OWNER'S/MANAGER'S RESIDENCE Spanning 3,552 sq. ft., 2X6 construction, is designed for comfort, function, and entertaining. Highlights include: Main-level: Expansive kitchen, dining, living room, sitting area, full bath with shower. Upper-level: 2 spacious bedrooms each with a private balcony, off bedroom living area, full bath with tub and lots of closet space. Heated, attached 2-car garage with workshop and office entrance separate from house updated with fiber optic internet. Private covered outdoor patio off the kitchen for gatherings or a quiet retreat. Additional storage includes a finished detached 2-car garage, pole barn, and sheds INCOME-GENERATING UNITS: Port DeLou features three separate units, block built with 2X6 construction, each with its own well, septic, HVAC, and upgraded electrical: TWO POOL SUITES (1,285 sq. ft. each): Each includes a bedroom, bathroom, sauna, fireplace and private in-ground pool. Currently half-finished with new finishing products included (tile, mortar, grout, instant hot water heaters). Pool equipment previously operational. JACUZZI SUITE: Cozy 1-bedroom, 1-bathroom unit with Jacuzzi and fireplace. Location & Lifestyle positioned off the beaten path, Port DeLou sits within 15 minutes drive: Fair Oaks Farms & Dairy Adventure Roselawn/Demotte Local restaurants & golf courses / 30 minutes: Crown Point & Rensselaer The vision is clear: transform Port DeLou into a thriving short-term rental retreat or a private compound with income potential. With infrastructure in place and endless possibilities, this property is primed for its next chapter.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+5 | 4 | - | 7,095 |
Presented by
Advanced Real Estate, Llc
2507 E 1100 N
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