Cap Rate
6.74%
Proforma Cap
8.26%
$ per SF
$131
3530 Northside Blvd, South Bend, IN, 46615
• New Roofs Throughout: All building roofs have been fully replaced.
• Upgraded Carports: All carport roofs have been replaced, with select structures completely rebuilt.
• New Electrical Systems: Electrical systems have been fully replaced throughout all units and buildings.
• Extensive Unit Renovations: 30 of 48 units have been renovated, with additional value-add potential across the remaining 18 units.
• New Windows Throughout: All units feature newly installed windows.
• Updated Major Systems: All water heaters, A/C units, and furnaces have been replaced within the past four years.


