Apartment Building

Kendallville, IN Apartment Buildings for Sale

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Kendallville Age-Restricted Apartment Community
Updated: Mar 4
Kendallville Age-Restricted Apartment Community

1320 Knoll Crest Dr., Kendallville, IN 46755

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63,900 sqft
Stabilized 74‑unit multifamily asset offering immediate and reliable cash flow.
Age‑restricted (55+) community.
6.57% cap rate.
Mix of one- and two‑bedroom floor plans, with a majority of units featuring front‑facing garages.
Enjoy the convenience of in‑unit laundry in every unit.
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1 active listing matches your search: Apartment Building for sale in Kendallville, IN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Short-Term Rental Property
Historic Short-Term Rental Property

616 W Superior Street, Fort Wayne, IN 46802

$950,000
0.47 AC lot

Updated historic property with multiple independent units and off-street parking.

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Apartment Buildings with Villa and Townhome Mix
Apartment Buildings with Villa and Townhome Mix

3115 Carroll Rd, Fort Wayne, IN 46818

$19,990,000
19.00 AC lot

Built in 2023, the community combines private patios, landscaped green space, ponds, and a dog park.

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Downtown Butler Buildings For Sale
Downtown Butler Buildings For Sale

135-137 S Broadway St, Butler, IN

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21.41 AC lot

Two downtown buildings with remodeling potential in Butler, Indiana.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

230-232 S Bdwy St, Butler, IN

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6,505 sqft 0.28 AC lot

Bar, ice cream parlor, and apartments in Butler, Indiana.

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Kendallville, IN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Kendallville, IN on our real estate platform. These investment opportunities span a total of 63,900 square feet of properties for sale.

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Demographics Overview

Population 16K
Population Growth (5Y) +1.8%
Median Household Income $66,034
College Educated 24.2%

Taxes & Financing

Tax Rate (average for all types) 1.84%
Property Tax per SF $31.42 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Noble County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Kendallville fall within the 100,000+ square foot range.

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