311 Fox Street

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311 Fox Street

La Porte, IN 46350
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 located at 311 Fox Street.
  • Property is situated within the city of La Porte, Indiana.
  • The asset is currently available for purchase by interested investors.
  • Multifamily real estate asset located at zip code 46350.
  • The building serves as a residential housing facility for tenants.

What's Special

Investors seeking to expand their residential holdings will find this apartment building at 311 Fox Street a functional addition to a portfolio. Situated in La Porte, Indiana, the property is positioned within a community known for its steady regional economy and proximity to major transit routes serving the northern part of the state. This asset type serves as a primary source of rental housing, making it suitable for those focused on long-term tenant placement and steady cash flow management in a Midwest market. Local demographics support a consistent demand for well-maintained multifamily units. The location offers accessibility to established neighborhood services and municipal infrastructure, providing a stable environment for residential operations. Prospective buyers can leverage the existing structure to capture market demand, whether through repositioning current units or maintaining current occupancy standards. This asset represents a straightforward opportunity to acquire residential square footage within a recognized suburban setting in the La Porte area.

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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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