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28217225
28217226

4479 E Shore Drive, Bremen, IN 46506

CB
IN IN RB14043585
NAI Cressy - Mishawaka
ST
IN RB14043602
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka
$659,000
229 days on market
Updated 76 days ago

Lake of the Woods 4479 E Shore Drive

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,335
Units 8
Cap Rate 9.00%
NOI $54,000
Occupancy 100%
Price per SqFt $71
Class B
Year Built 1980
Acreage 0.710
Zoning L-1

Fully Occupied Multifamily Offering in Northern Indiana on beautiful Lake of the Woods.

Marketing description

This property features two well-maintained 2-story apartment buildings, each containing four spacious apartment units, for a total of eight units. Offering a mix of one-, two-, and three-bedroom layouts, each apartment includes a private entrance, providing residents with comfort and privacy. The property boasts a great quiet location on the scenic Lake of the Woods, creating an inviting and peaceful living environment. With convenient onsite parking for residents and a strong history of consistent occupancy, this property represents an excellent investment opportunity with long-term income potential. Lake of the Woods is located in Marshall County, Indiana, just 23 miles south of South Bend. Along the shore are a local marina, a resort & campground, and a public boat launch. Residents can enjoy the local amenities such as picnic tables, boat rentals, walking trails, and more.

Listing Contacts

CB
IN IN RB14043585
NAI Cressy - Mishawaka
ST
IN RB14043602
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$54,000.00
$4,500.00/mo

Valuation Metrics

0
DSCR
8.19%
Cap Rate
8.19%
ROI

Map

Zoning

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A-1 AgricultureAgricultural District
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Chris Barth
License
IN RB14043585
Brokerage
NAI Cressy
Brokerage Phone
574-271-4060
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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