Listing Agency: Cushman & Wakefield - Indianapolis, Indiana

Listed By: Duke Hardy · License #IN RB14044592

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:37AM

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Investment Insights

Based on property information with market context.

This apartment building comprises 222 units and is offered for sale as a multifamily property. The asset is located at 6037 Ullyot Dr in Fort Wayne, Indiana, with a stated 7.10% cap rate.

Key Highlights

• 222‑unit apartment building
• 7.10% cap rate
• 6037 Ullyot Dr, Fort Wayne, IN 46804

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Parking Lot & Garage 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

222

Residential units

Location Intelligence

Trade Area within ½ mile

885

Businesses Nearby

Explore this area Business Placement

Demographics for 46804, IN

28,800

Population

12,959

Households

2.2

Avg Household Size

40

Median Age

44%

College-Educated

96%

High-School Grad

17.7 sq mi

ZIP Area

1,627

Density / Sq Mi

$84,778

Median Household Income

$49,050

Median Earnings

$1,134

Median Rent

$241,000

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 - Multifamily apartment property offered for sale in Fort Wayne.

Where is this apartment building located?

The property is located at 6037 Ullyot Dr Fort Wayne, IN.

What are key features of this property?

This property features: 222‑unit apartment building; 7.10% cap rate; 6037 Ullyot Dr, Fort Wayne, IN 46804