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Northcrest & Hoagland 2 Multifamily Properties Offered at $6,442,015 CAD in Fort Wayne, IN
Investment Highlights
- In-Place 8%+ Cap Rate
- 4.6% Submarket Vacancy
- Located in Allen County: realized 8th consecutive year of population growth, 1.2% Growth in 2024
- Located near major employers including Parkview Health (16,000), Amazon(4,650), and GM’s Fort Wayne Assembly(4,320)
Property Facts
| Price | $6,442,015 CAD | Number of Properties | 2 |
| Price / SF | $102.06 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.03% | Total Building Size | 63,120 SF |
| Sale Type | Investment | Total Land Area | 0.94 AC |
| Status | Under Contract |
| Price | $6,442,015 CAD |
| Price / SF | $102.06 CAD / SF |
| Cap Rate | 8.03% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 63,120 SF |
| Total Land Area | 0.94 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Northcrest Apartments
4824 Northcrest Dr, Fort Wayne, IN 46825 |
Multifamily | 43,200 SF | 1962 | - |
|
Hoagland Apartments
2222 Hoagland Ave, Fort Wayne, IN 46802 |
Multifamily | 19,920 SF | 1952 | - |
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Northcrest & Hoagland
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