2161 Annabelle Court

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2161 Annabelle Court

Chesterton, IN 46304
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Chesterton
  • Located at 2161 Annabelle Court in the 46304 zip code
  • Positioned within the established Northwest Indiana residential market
  • Strategic regional access provided by local highway infrastructure
  • Property type supports long-term residential leasing investment strategies

What's Special

The multifamily apartment building located at 2161 Annabelle Court in Chesterton, Indiana, provides a stable residential asset in a growing regional market. Situated within the Northwest Indiana corridor, this property benefits from proximity to established transportation networks and a steady workforce base. Chesterton continues to experience consistent demand for rental housing as residents seek access to both regional employment hubs and local community amenities. Apartment buildings in this area serve as essential housing stock, catering to a diverse demographic of tenants. Investors may find this asset suitable for portfolio expansion or long-term hold strategies. The site offers convenient access to major regional thoroughfares, facilitating connectivity throughout the Chicago metro area and the broader industrial landscape of Northern Indiana. Current market conditions support a favorable outlook for residential rental properties, making this an addition to consider for those seeking to capitalize on local housing needs.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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