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More details for 601 W Center Dr, North Liberty, IN - Multifamily for Sale

The Vues at North Liberty - 601 W Center Dr

North Liberty, IN 46554

  • Investment Property
  • Multifamily for Sale
  • $3,009,309 CAD
  • 16,000 SF
  • Air Conditioning

North Liberty Multifamily for Sale - Outlying St Joseph County

Income Improvement! The Vues at North Liberty presents a turnkey, stabilized multifamily investment opportunity perfectly suitable into a high-performing asset. This complex, comprising 10 duplex buildings with recent 2024 upgrades, boasts a powerful 100% occupancy rate, offering immediate, reliable cash flow. Strategically located 15 miles southwest of South Bend in the growing North Liberty Township, the property benefits from strong regional demand. Investors acquire an updated, low-maintenance asset with demonstrable upside through rent improvement and potential expansion opportunities (carports/garage additions, or converting end-cap units) on the expansive 4.18-acre R2 zoned lot. Upgrades and improvements made by current ownership! No pending major cap improvements/expenses- Turnkey income property. Location & Market Analysis: North Liberty provides a key affordability buffer to the larger South Bend metropolitan area, driving strong, consistent demand for rental housing. Located just 15 miles southwest of South Bend, the town offers residents an accessible commute while maintaining a lower cost of living. This positioning ensures The Vues at North Liberty benefits from the economic strength of the county seat, maintaining high occupancy and providing a reliable tenant pool. SECURE THIS STABILIZED MULTI-FAMILY INVESTMENT TODAY.

Contact:

Villar Real Estate Advisors

Property Subtype:

Apartment

Date on Market:

2024-11-29
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