Call for Offers:
ends July 9, 2026
Deal Highlights
• Opportunity to Acquire a Mature, Mom-and-Pop Managed Property Currently Operating at 75% Occupancy
• Current Ownership Has Minimal Traditional Advertising in Place, Creating Immediate Operational Upside
• Improve Lease Up Velocity By Marketing The Property On Google and/or Hiring An On-Site Manager
• Potential to Grow Gross Potential Rent (GPR) by 15 Percent at Stabilization in Year 1
Address:
2205 Ohio St & 400 Arthur Street, Michigan City, IN, 46360
Price:
TBD by Market
Pro Forma NOI:
$387,724
Net Rentable Square Feet:
50,300 NRSF
Unit Count:
417
Lot Size:
3.52 Acres
Status:
Active
Year Built:
1991-2018
*Lead broker information is located within the offering memorandum.
Listed By: SkyView Advisors, LLC. IN RE Lic # RB14035897
