Listed by The Peak Group
$500,000
Crossroads New Haven Duplex
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,012
Units 2
Pro-Forma Cap Rate 7.74%
Pro-Forma NOI $38,695
Price per SqFt $166
Class A
Year Built 2026
Buildings 1
Stories 2
Investment Type Redevelopment
Ownership Fee Simple
Pre-construction duplexes available with Allen county tax abatement. Builder in place!
Marketing description
Pre-construction duplexes (multiple available) in Fort Wayne, IN. Located next to New Haven Community Center. Each unit is 1506 Square feet with granite counters, stainless appliances, and LVP flooring. Additionally, each unit features 3 bedrooms, 2.5 bathrooms, and a two car attached garage. Pictures are not of exact unit, but of another unit in the same development with an identical floor plan.
Investment highlights
Tax abatement in process with Allen County, which will give investor reduced property taxes for a five-year phased-in period. The developer owns a property management company and will handle lease up. 25% down payment required. Construction financing options are in place. Contact the seller for details.
Listing Contacts
Listed by The Peak Group
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