Indiana Portfolio Package
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Indiana Portfolio Package
33 Properties Offered at $4,950,000 in Multiple Locations
Executive Summary
• $800,000 below recent appraised value
• 36 PINs
• 24 residential properties/1 commercial property – 27 total units with 10 currently vacant
• Current income: $211,332 yearly
• 21 properties in Cedar Lake IN, 3 in Crown Point IN, 5 in Lowell IN
• Portfolio Sale – this portfolio is comprised of mostly residential single family rentals, along with one commercial building and a few vacant lots. Listed $800,000 below recent appraised value, there is instant equity for the buyer of this portfolio. Currently 60% occupied with month-to-month tenants. Most tenants are renting well below current market rate. Properties are all in “fair” to “good” condition. This would be a great portfolio for a buyer to stabilize and hold, or “fix” and “flip”. All properties are in Cedar Lake, Lowell and Crown Point, three very strong communities with excellent growth and home values!
• 36 PINs
• 24 residential properties/1 commercial property – 27 total units with 10 currently vacant
• Current income: $211,332 yearly
• 21 properties in Cedar Lake IN, 3 in Crown Point IN, 5 in Lowell IN
• Portfolio Sale – this portfolio is comprised of mostly residential single family rentals, along with one commercial building and a few vacant lots. Listed $800,000 below recent appraised value, there is instant equity for the buyer of this portfolio. Currently 60% occupied with month-to-month tenants. Most tenants are renting well below current market rate. Properties are all in “fair” to “good” condition. This would be a great portfolio for a buyer to stabilize and hold, or “fix” and “flip”. All properties are in Cedar Lake, Lowell and Crown Point, three very strong communities with excellent growth and home values!
Property Facts
| Price | $4,950,000 | Number of Properties | 33 |
| Price / SF | $60.50 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 81,823 SF |
| Status | Active | Total Land Area | 14.76 AC |
| Price | $4,950,000 |
| Price / SF | $60.50 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 33 |
| Individually For Sale | 0 |
| Total Building Size | 81,823 SF |
| Total Land Area | 14.76 AC |
Properties
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Indiana Portfolio Package
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