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211 W Railroad Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in Kentland, Indiana.
- Property is listed at an asking price of $350,000.
- Current asset performance indicates an 8% capitalization rate.
- Located at 211 W Railroad Street in the 47951 zip code.
- Suitable investment for those targeting stable Midwestern residential income.
What's Special
Investors seeking to bolster their portfolio with a reliable income-generating asset will find this apartment building in Kentland, Indiana, a practical addition. Positioned at 211 W Railroad Street, the property is situated within a stable rural community that serves the surrounding agricultural and industrial region. This multifamily asset provides residential housing options consistent with local demand in this Indiana submarket. At an asking price of $350,000, the building currently reflects an 8% cap rate. The layout and scale of the structure allow for straightforward management by a local owner or a regional operator looking to establish a presence in Newton County. Given the consistent need for rental housing in smaller Midwestern municipalities, this property maintains a steady operational profile for those focused on yield-oriented residential real estate investments.
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