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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Kendallville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Butler Multifamily Investment Opportunity
    Butler Multifamily Investment Opportunity

    501 N Broadway Street, Butler, IN 46721

    Contact for pricing
    3,712 sqft

    Six-unit apartment building with strong cash flow potential.

    View details
    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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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    230-232 S Bdwy St, Butler, IN

    Contact for pricing
    6,505 sqft 0.28 AC lot

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

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    58-Unit Apartment Portfolio
    58-Unit Apartment Portfolio

    4824 Northcrest Dr, Fort Wayne, IN 46825

    Contact for pricing

    Two apartment properties provide workforce housing with efficient layouts and in-place operations in Fort Wayne.

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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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