401 Brown Street

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401 Brown Street

Valparaiso, IN 46383
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 401 Brown Street in Valparaiso, Indiana.
  • Property situated in a stable and growing Porter County residential market.
  • Strategic location offers regional access to the greater Chicago metropolitan area.
  • Asset type suitable for investors targeting steady residential rental income streams.
  • Positioned to accommodate local professionals and the area's diverse tenant base.

What's Special

This multifamily apartment building at 401 Brown Street in Valparaiso, Indiana, represents a residential asset in a growing Midwestern community. Valparaiso serves as a notable regional hub within Porter County, benefiting from its proximity to larger economic centers in the Chicago metropolitan area. The city maintains a stable population base and a diverse local economy, supporting consistent demand for quality housing units. Investors focusing on the regional multifamily sector may find this asset fits well within a strategy targeting tertiary markets with steady occupancy potential. Apartment buildings of this nature are well-positioned to serve a variety of residents, from university-affiliated individuals to local professionals working within the city. The property's location provides accessibility to local infrastructure and services, enhancing its long-term viability for residential rental operations. Prospective buyers should evaluate the site for its ability to provide stable cash flow and potential for value-add improvements in an increasingly sought-after Indiana submarket.

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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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