1628 W. Montrose Ave. Chicago, IL 60613 info@kisergroup.com
Long Beach Cove Villas
1000 Long Beach Lane
Michigan City, Indiana, 46360
Location
Michigan City, Indiana
ASSET TYPE
Multi-Family
PRICE
$10,500,000
Property Description
The subject property is a garden style 96 unit apartment complex located in Long Beach, IN. The last phase was completed in 2009. The property consists of thirty-six (36) three-bedroom, two-bathroom units (1473sf); thirty-six (36) two-bedroom, two-bathroom units (1185sf); and twenty-four (24) two bedroom-two bath units (880sf). Each unit has its own private deck or patio. Utilities are tenant paid. There are 54 private, fully enclosed garage parking spaces on-site. In addition to the existing units, there is room and sufficient demand to build an additional eighteen (18) units at this site. The primary infrastructure for additional construction (water, sewer, storm, main roadway is 90% complete). Additional work is shovel ready. The current owner/developer is willing to deliver 18 rent ready units in the same style as the existing buildings for additional consideration.
- Class A, 96-Unit
- Garden Style Apartment Complex
- 2007 & 2009 Construction
- Best Location in County
- 98% Occupied
- Additional Land (or Units) Included
- Pool, Clubhouse, Fitness Center, Garage Parking
Contact Kiser Group Listing Agent



