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40-Unit Apartment Community
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3722 S Granton Pl Dr, Marion, IN 46953

Granton Place offers 40 apartment units with washer/dryer hookups and patios or balconies.

Property SizeContact for details
Days on Market121

Property Features for 3722 S Granton Pl Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 40

Amenities

washer/dryer hookups
patio or balcony
landscaping upgrades

Building Details

Tenancy Multi
Listing Agency: Global Real Estate Advisors (GREA)
Listed By: Cary Belovicz · License #MI 6502406329
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:48PM

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.

Granton Place Apartments is a 40-unit apartment community that has been meticulously maintained and received recent upgrades, including landscaping improvements and power washing. The larger units include washer/dryer hookups and feature a patio or balcony.

The property is located at 3722 S Granton Pl Dr in Marion, Indiana. Marion recently announced a nearly $500 million investment for EV production connected with the General Motors plant located within the city.

The offering includes the current operating rent context provided in the remarks, with current market rents listed at $0.89 per square foot and Granton Place rents averaging $0.65 per square foot.

Key Highlights

  • 40‑unit apartment community in Marion, IN
  • Large units include washer/dryer hookups and a patio or balcony
  • Recent upgrades include landscaping improvements and power washing

Property Analytics

Current Use

Granton Place Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom

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

40
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 46953, IN

22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Granton Place offers 40 apartment units with washer/dryer hookups and patios or balconies.
Where is this apartment building located?
The property is located at 3722 S Granton Pl Dr Marion, IN.
What are key features of this property?
This property features: 40‑unit apartment community in Marion, IN; Large units include washer/dryer hookups and a patio or balcony; Recent upgrades include landscaping improvements and power washing
More about this property
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