Building Details

Year Built 1977

Listing Agency: Global Real Estate Advisors (GREA)

Listed By: Cary Belovicz · License #MI 6502406329

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 3:36PM

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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.

Global Real Estate Advisors presents the exclusive offering of Prairie View Apartments, a 19-unit USDA Rural Development Section 515 Housing senior community. Originally constructed in 1977, the property is described as being in exceptional condition and is offered as a turnkey opportunity.

The community is located at 318 W Seymour St in Kentland, Indiana. This offering is presented under a senior housing and healthcare property focus, with the existing configuration supported by its USDA Rural Development Section 515 Housing structure.

Key Highlights

• 19‑unit senior housing community
• Originally constructed in 1977
• USDA Rural Development Section 515 housing

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19

Residential units

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 47951, IN

2,061

Population

1,158

Households

1.8

Avg Household Size

45

Median Age

16%

College-Educated

82%

High-School Grad

59.5 sq mi

ZIP Area

35

Density / Sq Mi

$63,228

Median Household Income

$33,768

Median Earnings

$828

Median Rent

$102,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this senior housing / retirement homes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Senior housing / Retirement Home - 19-unit senior housing community constructed in 1977, presented as a turnkey offering for sale.

Where is this senior housing / retirement home located?

The property is located at 318 W Seymour St Kentland, IN.

What are key features of this property?

This property features: 19‑unit senior housing community; Originally constructed in 1977; USDA Rural Development Section 515 housing