Townhouse Apartment
1200 N Quarry Rd Marion, IN 46952
1200 N Quarry Rd, Marion, IN, 46952
Contact for pricing
For Sale
Contact for pricing
Three-level townhouses with private patios and in-unit washer/dryer hookups, plus reserved front parking.
Days on Market103
Property Features for 1200 N Quarry Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Global Real Estate Advisors (GREA)
Listed by
Cary Belovicz · License #MI 6502406329
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 9:47PM Checked: Jul 21 at 9:47PM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
Highland North Townhouses is an apartment community originally constructed in 1968 and reported to be in outstanding condition. The property features 27 townhouses, each with three levels and in-unit appliance package including a refrigerator, range, and dishwasher. Washer and dryer hookups are provided in each unit, and every unit includes a private patio and two reserved parking spots in front of the unit. The offering also notes the opportunity to build an additional 27 townhouses.
Additional income potential is described through carport rental. The current owner has a utility billing system in place covering most utility costs. Highland North Townhouses are located about 1 mile from Park Forest Apartments, a separate 64-unit opportunity.
The combination of existing townhouse units, parking and patio amenities, and the stated expansion opportunity and utility billing setup make this property well suited for buyers evaluating a straightforward multifamily income profile with development upside as presented in the offering materials.
Additional income potential is described through carport rental. The current owner has a utility billing system in place covering most utility costs. Highland North Townhouses are located about 1 mile from Park Forest Apartments, a separate 64-unit opportunity.
The combination of existing townhouse units, parking and patio amenities, and the stated expansion opportunity and utility billing setup make this property well suited for buyers evaluating a straightforward multifamily income profile with development upside as presented in the offering materials.
Key Highlights
- (27) 1,500 SF, three‑level townhouses in Highland North, originally constructed in 1968
- Opportunity to build an additional 27 townhouses
- Each unit includes kitchen appliances (refrigerator, range, dishwasher) plus washer/dryer hookups
Property Analytics
Location Intelligence
Current Use by Public Records
Highland North Townhomes
Townhouse Complex
Apartment A1208
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Three-level townhouses with private patios and in-unit washer/dryer hookups, plus reserved front parking.
Where is this apartment building located?
The property is located at 1200 N Quarry Rd Marion, IN.
What are key features of this property?
This property features: (27) 1,500 SF, three‑level townhouses in Highland North, originally constructed in 1968; Opportunity to build an additional 27 townhouses; Each unit includes kitchen appliances (refrigerator, range, dishwasher) plus washer/dryer hookups
