Contacts
Dan Skodras
Bradley Company
(574) 237-6052
Property Details
- Property Type Multi-Family
- Property Size 180,695 SF
- Units 80
- Lot Size 6.4 Acre
- Date Updated Apr 23, 2024
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Highlights
- Joint Venture Equity Investment Opportunity $1,000,000 to $6,000,000
- Stabilized Sale Value $43,388,268
- The project is an 80 unit luxury rental townhome and flat development with five different floor plans, garages and high end finishes.
- The project is in the growing and affluent Granger area, and is located in Penn-Harris Madison School District, which is the premier public school district in the greater market area.
- CRMH is the development company and owns ±6 acres on Cleveland Rd. in Granger in a prime location for a development like Caldera on Cleveland.
- Ownership group includes a private equity business investor, the lead architect and the contractor who will be performing the construction under an open book construction arrangement without the added cost of a general contractor.
- Third party market study supports demand for the project's development plan.
Attachments
Getting around
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Location
- City Granger, IN
- Neighborhood Granger
- Zip Code 46530
- Market South Bend
Points of Interest
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South Bend
7.28 miles
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South Bend Airport
7.93 miles
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Phillips 66
0.59 miles
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BP
0.63 miles
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Costco Gasoline
0.70 miles
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Phillips 66
0.80 miles
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Family Express
1.00 miles
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Marathon
1.09 miles
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Mishawaka, IN Supercharger
1.52 miles
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Phillips 66
1.82 miles
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7-Eleven
2.08 miles
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Marathon
2.47 miles
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Art Department Parking
3.51 miles
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General Parking
3.55 miles
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Staff, General, and Residential Parking
3.55 miles
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General and Staff Parking
3.58 miles
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Residential Parking
3.62 miles
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Residential and Staff Parking
3.67 miles
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Visitor Parking
3.67 miles
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Staff Parking
3.68 miles
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Bulla Student Lot
3.72 miles
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Bulla Faculty/Staff Lot
3.79 miles
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Red Roof Inn Mishawaka - Notre Dame
0.48 miles
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Hampton Inn & Suites Mishawaka / South Bend at Heritage Square
0.83 miles
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Candlewood Suites Mishawaka
0.90 miles
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Country Inn & Suites By Carlson, Mishawaka
0.97 miles
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Holiday Inn Mishawaka
0.99 miles
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Country Inn & Suites
1.13 miles
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Fairfield Inn & Suites South Bend Mishawaka
1.15 miles
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Best Western Plus Mishawaka Inn
1.18 miles
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Super 8
1.21 miles
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Comfort Inn & Suites
1.24 miles
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Martin's Super Markets
0.76 miles
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Marshalls
0.85 miles
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Target
0.94 miles
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Walmart Supercenter
1.25 miles
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TJ Maxx
1.36 miles
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Gordon Food Service
1.36 miles
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Ross
1.45 miles
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ALDI
1.50 miles
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JCPenney
1.50 miles
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Burlington
1.50 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Dan Skodras
Bradley Company
(574) 237-6052