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42-Unit Apartment Community
For Sale
Contact for pricing
Pending

417-421 Westwood Lane, Rochester, IN 46975

Eight single-story buildings offer studios and one- and two-bedroom residences.

Property SizeContact for details
Days on Market140

Property Features for 417-421 Westwood Lane

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Ellsbury Group
Listed By: Tariq Suboh · License #RB20000815
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 10:30PM

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 Ellsbury Group

Investment Insights

Based on property information with market context.

Rochester Place Apartments comprises 42 units across eight single-story buildings at 417-421 Westwood Lane in Rochester, Indiana. The unit mix includes 9 two-bedroom apartments, 29 one-bedroom apartments, and 4 studios, with an average unit size of 610 square feet.

Recent property improvements include new metal roofs and siding across the community. Electric utilities are paid by tenants, and the apartment configuration combines multiple residential formats within a compact multifamily property.

Key Highlights

  • 42 units across eight single‑story buildings
  • Unit mix includes 9 two‑bedroom units, 29 one‑bedroom units, and 4 studios
  • Average unit size of 610 sq. ft.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby

Demographics for 46975, IN

14,288
Population
6,646
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
207.7 sq mi
ZIP Area
69
Density / Sq Mi
$64,009
Median Household Income
$40,210
Median Earnings
$848
Median Rent
$151,100
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 - Eight single-story buildings offer studios and one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 417-421 Westwood Lane Rochester, IN.
What are key features of this property?
This property features: 42 units across eight single‑story buildings; Unit mix includes 9 two‑bedroom units, 29 one‑bedroom units, and 4 studios; Average unit size of 610 sq. ft.
(219) 805-5200 Call to check price and availability
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