5856 Highgrove Court

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5856 Highgrove Court

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).

  • Development land situated in the growing city of Lowell, Indiana.
  • Strategic site designated for a single family rental portfolio.
  • Property is currently offered for sale to interested investors.
  • Location provides access to the broader Chicago metropolitan area.
  • Asset supports residential development projects within Northwest Indiana.

What's Special

Lowell serves as an established residential hub within Northwest Indiana, benefitting from its proximity to the greater Chicago metropolitan area. This region continues to attract families and individuals seeking a balanced lifestyle within a growing suburban landscape. The property at 5856 Highgrove Court consists of land designated for single family rental portfolio development. Providing a strategic opportunity for investors or developers, this site allows for the expansion of residential inventory in a market where demand for rental housing remains consistent. The asset type supports long-term growth strategies for developers focused on creating modern living solutions within this established community. With its favorable access to regional transportation corridors, the site remains well-positioned to serve tenants looking for connectivity and a quality living environment.

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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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