|Number of units||264|
JLL is pleased to present Steeplechase at Parkview, a Class ‘A’ 264-home garden-style apartment community located in northeast Fort Wayne, Indiana. Built in 2014, this well-appointed property is within walking distance to both Manchester University College of Pharmacy and the ever-expanding Parkview Regional Medical Center. Residents enjoy easy access to both I-69 and I-469 and a short drive to nearby Dupont Hospital (Lutheran Health Network) and Downtown Fort Wayne. Additionally, the property is situated in one of the top public school districts in the state of Indiana.
Steeplechase at Parkview presents an investor with an attractive value-add opportunity to upgrade interiors and expand amenity offerings. The property boasts high historical occupancy and rent growth as well as impressive resident demographics supporting the ability to further increase rents. Additionally, Steeplechase is ideally positioned along the path of growth in one of the top performing submarkets in the Midwest. The property may be acquired below replacement cost.
- 100% Value-Add Potential
- Impressive Property Occupancy & Organic Rent Growth
- Affluent Resident Base & Stellar Submarket Fundamentals
- Unbeatable Suburban Fort Wayne Location near Parkview Regional Medical Center & Manchester University
- Top Rated Public School System
- Available on a Free & Clear Basis