17091 Red Oak Drive

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17091 Red Oak Drive

Lowell, IN 46356
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

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

  • Parcel located at 17091 Red Oak Drive in Lowell
  • Asset type categorized as land for development
  • Suitable site for a single-family rental portfolio
  • Situated within a growing Indiana residential submarket
  • Property coordinates are 41.3085, -87.4075

What's Special

Lowell serves as a growing residential hub in Indiana, characterized by its steady development and proximity to regional transit corridors. The site at 17091 Red Oak Drive consists of land positioned within this expanding market, offering a strategic footprint for developers or investors focused on the residential sector. This area provides convenient access for commuters and families seeking a balance between regional connectivity and suburban living. Given the current market demand for new housing inventory, this parcel is well-suited for the development of a single-family rental portfolio. The asset type allows for a flexible site plan that can cater to the specific requirements of residential growth in Lake County. The location benefits from a broader economic environment defined by stable suburban expansion and consistent demand for well-located housing. Whether planning for a build-to-rent strategy or long-term land holding, this property presents a functional foundation in a community integrated with the greater metropolitan region.

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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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