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716 N Niles Ave
South Bend, IN 46617
Value-Add | Minutes From Notre Dame · Multifamily Property For Sale
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80 Units
Investment Highlights
- 716 N Niles Avenue is an 80-unit multifamily investment property with proximity to major travel arteries and demand drivers.
- Value-add opportunity through gradual rental rate increases to match healthy market values.
- Top-of-the-line amenities include stainless steel appliances, a fitness facility, pool access, a recreation clubhouse, patio access, and more.
- Nearly 50% of the over 36,000 households within a 3-mile radius rely on rental properties as their primary residence.
- Residents living within a 3-mile radius tallied a consumer spending total of over $870M - $137M accounted for household spending.
- 716 N Niles Avenue is surrounded by national retailers and service providers, including Trader Joe’s, Subway, 7-Eleven, and more.
Property Facts
| Sale Condition | Auction Sale | Building Class | B |
| Type of Ownership | Fee Simple | Lot Size | 4.42 AC |
| No. Units | 80 | Building Size | 96,285 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1988 |
| Apartment Style | Garden | Parcel Number | 71-08-01-401-001.000-026 |
| Zoning | R-3 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.42 AC |
| Building Size | 96,285 SF |
| No. Stories | 3 |
| Year Built | 1988 |
| Zoning | R-3 |
| Parcel Number | 71-08-01-401-001.000-026 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Basketball Court
- Maintenance on site
- Online Services
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