792 Merganser Lane Valparaiso, IN 46385

Listing Agency CENTURY 21 Alliance Group n***@21alliance.com Show Phone

Listed by Nick Sommer · License #IN

Source Crexi

Added: Oct 15, 2024 Checked: Jul 16 at 3:42 am

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Investment Insights

Based on property information with market context.

This commercial land presents an investment opportunity, priced at an 8% CAP Rate. The property serves as the exclusive water source for Mallards Pointe Subdivision. It features a monthly rental income and has no HOA dues. The lot cannot be built or developed residentially and is strictly an investment property.

Key Highlights

• Exclusive water source for Mallards Pointe Subdivision
• Priced at an attractive 8% CAP Rate
• Attractive monthly rental income

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FAQs

What type of property is this?

Commercial land - Commercial land serving as exclusive water source for subdivision.

Where is this commercial land located?

The property is located at 792 Merganser Lane Valparaiso, IN.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: Exclusive water source for Mallards Pointe Subdivision; Priced at an attractive 8% CAP Rate; Attractive monthly rental income