Three-Story Student-Oriented Apartment
For Sale
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1095 Spruce Street, Terre Haute, IN 47807
Student-focused multifamily community offering one-, two-, and three-bedroom units with on-site parking and shared amenities.
Property Size128,272 SF
Days on Market103
Property Features for 1095 Spruce Street
General Information
Standard status
Active
Size
128,272 SF
Class
B
Property subtype
Multifamily
Zoning
Multifamily
Occupancy
91%
Investment Type
Stabilized
Net Operating Income
$764,236
Additional Details
Multifamily Units
168
Building Details
Year Built
1992
Year Renovated
2008
Buildings
14
Stories
2
Tenancy
Multi
Listing Agency:
Triad Real Estate Partners
Listed By:
Brent Silcox · License #IN RB14047844
Source:
Crexi
Added: Jun 10
Changed: Sep 6
Last Checked: Sep 19 at 7:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triad Real Estate Partners
Investment Insights
Based on property information with market context.
Sycamore Place is a three-story multifamily community built between 1994 and 2008, offering 168 units totaling 312 beds. The property features a mix of one-, two-, and three-bedroom floorplans, including townhome-style layouts, and operates with individual leasing. Shared amenities include a clubhouse, fitness center, swimming pool, study lounge, and a sand volleyball court, along with on-site parking. Select utilities and high-speed internet are included.
Sycamore Place is located at 1095 Spruce Street in Terre Haute, Indiana, in a walkable, near-campus setting. The tenant base includes Indiana State University students as well as non-student renters connected to local employers and institutions, including Union Health Group and Terre Haute Regional Hospital.
For investors or operators seeking a student-oriented residential income property, Sycamore Place offers a durable unit mix and amenities tailored to both student and non-student living. The individual leasing model is designed to align with renter preferences while supporting day-to-day operational efficiency across the community’s three-story configuration.
Sycamore Place is located at 1095 Spruce Street in Terre Haute, Indiana, in a walkable, near-campus setting. The tenant base includes Indiana State University students as well as non-student renters connected to local employers and institutions, including Union Health Group and Terre Haute Regional Hospital.
For investors or operators seeking a student-oriented residential income property, Sycamore Place offers a durable unit mix and amenities tailored to both student and non-student living. The individual leasing model is designed to align with renter preferences while supporting day-to-day operational efficiency across the community’s three-story configuration.
Key Highlights
- Multifamily community built in 1992, offering a total of 168 units and 312 beds across three stories
- Unit mix includes one-, two-, and three‑bedroom floorplans, including townhome‑style layouts
- Student‑oriented rental setup with individual leasing
Property Analytics
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Current Use
Lease Details
168
Residential units
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
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Business Placement
Demographics for 47807, IN
12,063
Population
6,805
Households
1.8
Avg Household Size
29
Median Age
13%
College-Educated
82%
High-School Grad
3.8 sq mi
ZIP Area
3,174
Density / Sq Mi
$24,389
Median Household Income
$15,611
Median Earnings
$910
Median Rent
$58,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Student-focused multifamily community offering one-, two-, and three-bedroom units with on-site parking and shared amenities.
Where is this apartment building located?
The property is located at 1095 Spruce Street Terre Haute, IN.
What are key features of this property?
This property features: Multifamily community built in 1992, offering a total of 168 units and 312 beds across three stories; Unit mix includes one-, two-, and three‑bedroom floorplans, including townhome‑style layouts; Student‑oriented rental setup with individual leasing
