1130 Marshall Street

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1130 Marshall Street

Gary, IN 46404
Asking Price
$115K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 1130 Marshall Street in Gary
  • Priced at an asking rate of 114,990 dollars for acquisition
  • Situated within the Northwest Indiana residential and industrial corridor
  • Provides a strategic entry point into the local apartment market
  • Asset location supports access to Chicago metropolitan region transport networks

What's Special

This multifamily apartment building at 1130 Marshall Street in Gary, Indiana, represents a residential investment asset within the regional housing market. The property provides a tangible footprint in a city currently undergoing infrastructure and economic revitalization efforts. Positioned within an accessible suburban corridor, the site offers proximity to major regional transportation routes that facilitate connectivity to the broader Chicago metropolitan area. Investors may find this asset suitable for long-term rental holding strategies or repositioning efforts aimed at addressing the ongoing demand for workforce housing options in Northwest Indiana. The structure serves as a functional component of the local multifamily landscape, providing essential residential capacity in a market experiencing shifts in industrial and logistical activity. Current market conditions in the region suggest potential for those seeking entry-level assets with clear operational profiles.

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NOI
$80,000
Cap Rate
69.57%
DSCR
11.72
Strong
Cash-on-Cash
212.11%
Monthly Payment
$568.908
Annual Cash Flow
$73,173.107

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