J & J Investments is proud to offer a rare opportunity to buy a medium-sized residential complex in the stable economic environment of Michiana and get an immediate cash flow.

This investment is currently a PRE-LISTING REO property offered to only select investors before it is advertised on the open market. This ninety-four unit building offers a high ROI and is located in Edwardsburg, Michigan.

Investment Highlights

• Newer construction complex is in good up to date condition inside and out.
• Buildings are in an ideal school district and has no local rivals for its up-to-date units and amenities.
• Opportunity to move quickly and get a great investment property before the general public.
• 94 Units – High Occupancy Rate.
• Desirable Schools.
• High Profile Property.
• Few Competitors in the local mid to upper range apartment market.

Financial Summary (Actual)

Price of Complex — $4.3 Million
Unit Price — $45,745
Yearly NOI — $375,000
ROI / Cash on Cash — 16.6%
Cap Rate — 8.75%

Additional photos may be found on our website (link in signature below this ad). 

Call today for a personal review of this property. Also, ask about investments at all price points throughout the Michiana region.

Sincerely,

Jacob Day

J & J Real Estate Investments

(574) 315-6527

J & J represents income producing properties in the South Bend / Michiana region. We specialize in high ROI properties to both experienced and beginning real estate investors.