18088 Legacy Village Court, South Bend, IN 46637
Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.
- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 6:48 am
Property Features for 18088 Legacy Village Court
General Information
- Standard status
- Active
- Size
- 44,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2009
Listing office Coldwell Banker Commercial Roth Wehrly Graber South Bend (574) 277-8000
Listing date Jun 19, 2026
Source Crexi
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 Coldwell Banker Commercial Roth Wehrly Graber South Bend
HighLights
- Built in 2009: 14 brick townhomes designed for student housing, each with 6 bedrooms and 4 bathrooms
- Includes 3,200 SF across the development and furnished interiors with large bedrooms and multiple common areas
- 100% occupancy every year since 2009 and strong pre‑leasing performance for incoming years
- Current 6.58% cap rate; base rents averaging about 5.8% growth from 2020–2027
- Approved to expand from 84 to 98 students for the 2026–2027 school year
- On‑site amenities include abundant surface parking, a pickleball court, private yard areas for each townhome, and a storage shed
Overview
The development is positioned for off-campus student housing near the University of Notre Dame, with the opportunity to serve Notre Dame students through a secluded community setting. The offering is described as having consistently maintained high occupancy since 2009, along with strong pre-leasing performance for incoming years, supported by stated operating metrics provided in the Confidentiality Non-Disclosure Agreement.
For buyers evaluating student housing as a residential income property, Legacy Village provides a purpose-built, turn-key package of furnished townhomes and operational amenities. The property is reported to have undergone more than $750,000 in upgrades over the past five years, including improvements such as new flooring, appliances, painting, furniture, water heaters, HVAC systems, and updates related to the shed and pickleball court.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Bend
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.217162
- Latitude
- 41.706942