1414 Reckeweg Rd Fort Wayne, IN 46804

This exceptional 10-unit apartment building presents a compelling investment opportunity in the thriving southwest Fort Wayne area. Priced at $1,040,000, this property boasts a strong 6.64% cap rate and a substantial net operating income (NOI) of $69,045, reflecting a 100% occupancy rate. The complex comprises two one-story buildings totaling 7,224 square feet situated on a 1.19-acre lot at 1414 Reckeweg Rd, Fort Wayne, IN 46804. Six of the ten units have been recently remodeled and updated, offering immediate upside potential through market rent adjustments. Its convenient location between Illinois Road and W. Jefferson Blvd, near Jefferson Pointe, provides easy access to I-69 and downtown Fort Wayne. The property benefits from its proximity to a retail corridor within a residential neighborhood, ensuring consistent demand. All units are well-maintained and currently occupied. Showings are by appointment only, following the execution of a Letter of Intent. This is a turnkey investment ready to generate immediate income.