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215 Logan St 215 Logan St 4 Unit Apartment Building $725,813 CAD ($181,453 CAD/Unit) 5.11% Cap Rate Valparaiso, IN 46385
INVESTMENT HIGHLIGHTS
- Access & Connectivity
- Nearby Higher Education & Employment Hubs
- Separately Metered Utilities
- Area Amenities & Demand Drivers
- Value-Add Potential
- Off-Street Parking & Amenities
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 215 Logan Street in Valparaiso, IN (the “Property”). The two-story building contains four (4) 2-Bedroom/1-Bathroom units with 3,500 square feet of gross living area and 4,000 square feet of gross area. The Property is situated upon a 0.35- acre parcel and offers ample parking with eight (8) spaces available. 215 Logan Street is centrally located near downtown Valparaiso, providing convenient access to local amenities, dining, and retail destinations. The Property benefits from excellent connectivity to major roadways and surrounding neighborhoods, supporting both tenant convenience and long-term investment appeal.
PROPERTY FACTS
| Price | $725,813 CAD | Building Class | C |
| Price Per Unit | $181,453 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 5.11% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1982 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $725,813 CAD |
| Price Per Unit | $181,453 CAD |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 2/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 64-09-23-402-001.000-004 | Improvements Assessment | $194,598 CAD |
| Land Assessment | $143,588 CAD | Total Assessment | $338,186 CAD |
PROPERTY TAXES
Parcel Number
64-09-23-402-001.000-004
Land Assessment
$143,588 CAD
Improvements Assessment
$194,598 CAD
Total Assessment
$338,186 CAD
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215 Logan St | 215 Logan St
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