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21671929
21675272

3115 Carroll Rd, Fort Wayne, IN 46818 For Sale

TB
IN RB14037279
Acadia Commercial
Listed by Acadia Commercial
$12,992,000
519 days on market
Updated 1 day ago

Somerset Townhomes - Multifamily Investment

Details
APN 02-02-31-101-022.000-091
Property Type Multifamily
Sub Type Apartment Building
Square Footage 59,248
Net Rentable (SqFt) 59,248
Units 56
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.06%
Pro-Forma NOI $787,921
Price per SqFt $219
Class A
Year Built 2024
Buildings 9
Stories 2
Acreage 7.160
Zoning R-3 Residential
Parking Spaces 2 per unit
Investment Type Stabilized
Sale Condition For sale by owner

Newly Built Luxury Townhouse Investment in Prominent Area of Fort Wayne, Indiana

Marketing description

Invest in luxury living redefined at Somerset Townhomes & Villas, located in one of the

fastest growing areas of Fort Wayne. Built in 2024 by Fort Wayne's premier luxury home

builder, this park-like property offers lush landscaping, manicured green spaces, private

patios, large sidewalks, ponds, and a dog park. Designed to enhance community bonds and

create a sense of tranquility, Somerset is a desirable neighborhood with a synergetic mix of

single-family homes, villas, and townhomes.

This premier investment is available to acquire just the villa portfolio or the townhome

portfolio, however, the entire property is available for serious investors. The 19 acre parcel is

expertly developed where the 20 villa homes are located on the west portion and the 9

townhome buildings located on the east portion of the property. Diversify your portfolio with

the ability to accommodate the full spectrum of renters from single-family home to two

story townhome.

Investment highlights

  • Built in 2024
  • 56 garden and 2-story townhome units
  • Slab foundation with wood framing
  • 3 floorplan designs: 928 SF, 1,073 SF, and 1,424 SF
  • Fenced in dog park only accessible to residents
  • Manicured landscapes with green spaces and two retention ponds
  • Luxury construction by prominent home builder
  • Kitchens include: breakfast nook, custom wood cabinetry, granite countertops with
  • undermount sinks, and Samsung Appliances
  • Living areas include cathedral ceilings, vinyl plank flooring, and open floorplan kitchen
  • High efficiency gas heaters and electric central air
  • Laundry room includes storage and full size or stackable washer and dryer
  • Bathrooms include granite countertops, low maintenance fiberglass shower/bathtub, and
  • Delta fixtures
  • Townhomes also include back patios

Listing Contacts

TB
IN RB14037279
Acadia Commercial
Listed by Acadia Commercial

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Additional Information

Name
Tyler Binkley
License
RB14037279
Brokerage
Acadia Commercial Real Estate
Brokerage Phone
260-377-5002
Title
Managing Broker
Brokerage Address
10355 Dawson's Creek Blvd
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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