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    Furnished Student Housing Townhomes Title is generated by Realmo AI

    18088 Legacy Village Court, South Bend, IN 46637

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    Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.

    Type:Multifamily
    Property size:
    44,800 SF
    Price / SF:
    $440/SF
    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

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    John Piraccini
    John Piraccini

    Listing office Coldwell Banker Commercial Roth Wehrly Graber South Bend

    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

    Legacy Village is a one-of-a-kind student housing development featuring 14 well-built brick townhomes. Each townhome is configured with 6 bedrooms and 4 bathrooms, and is delivered fully furnished. The property also includes large bedroom layouts with multiple common areas, along with private yard areas for each townhome, a storage shed for maintenance, and an on-site pickleball court.

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.217162
    Latitude
    41.706942

    FAQs

    What type of property is this?
    Apartment building - Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.
    Where is this apartment building located?
    The property is located at 18088 Legacy Village Court South Bend, IN.
    What is the asking price?
    The asking price for this property is $19,750,000.
    What are key features of this property?
    This property features: 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
    (574) 277-8000 Call to check price and availability
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