4315 Wimbleton Ctr
South Bend, IN 46637

Georgetown Apartments | 200-Unit Multifamily Community in South Bend, Indiana | Value-Add Opportunity RealINSIGHT Marketplace and Holliday GP Corp. (“HFF”), acting as exclusive advisor to the seller, are pleased to present the opportunity for qualified investors to acquire the fee-simple interest in Georgetown Apartments, a 200-unit, garden style apartment complex located in South Bend, Indiana (the “Property”). The Property has historically performed well and, as of December 2017, boasted an occupancy rate of 97.5%. The Property was originally constructed in 1973, but underwent renovations in 2004. Georgetown Apartments consists of 16, two-story buildings situated on 18.33 acres of land. Residents benefit from an array of amenities including a 24-hour fitness facility, a club house, a children’s playground, on-site maintenance, a pet park and an outdoor swimming pool. South Bend is well-known as the home to several institutions of higher learning, most notably the University of Notre Dame. The Property is located 2.5 miles north of the University, which featured an undergraduate enrollment of over 8,600 in 2016. Other education institutions nearby include Saint Mary’s College (2.9 miles away), Holy Cross College (3.6 miles) and Indiana University South Bend (5.8 miles away). Additionally, South Bend boasts a population of 107,735, compared to 40,000 residents within a three-mile radius of the Property. Georgetown Apartments presents investors the opportunity to acquire a well-managed, multifamily asset with historically strong occupancy, below market rents and unencumbered of a management agreement.