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808 Northside Blvd
Nappanee, IN 46550

$4,900,000 USD

Apartments For Sale  •  48,650 SF

Property Details

• Property Type Apartments
• Total Building Size 48,650 SF
• Lot Size 19.11 AC
• Building Class B
• Year Built 1985
• Zoning PUD

20 Walk Score

Highlights

Great unit mix: 71 Percent two-bedroom units

Over $900k in capital expenditures spent in the past three years

21.96 Percent Proven Premium on Renovated Units ($174/mo)

Proforma 8.38 Percent cap rate

Amenities

• Air Conditioning
• Playground
• Heating
• Kitchen
• Window Coverings

Public Transportation

Airport	Drive	Walk	Distance
South Bend International	56 min	-	35.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	116
Type:	Surface
Included in Rent:	Yes