1308 Sturdy Rd, Valparaiso, IN 46383

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Jeffrey S.

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Building Details:

• Year Built: 1982

1308 Sturdy Rd is amulti-family property for lease in Valparaiso, IN.

Great location and well maintained complex, convenient and popular location East side of Valparaiso near Valparaiso Marketplace for shopping, restaurants, movies, and downtown dining. Less than an hour from Chicago. Easy to lease.

Stable occupancy with many long term residents. 20 units in (5) fourplex buildings, all units are 2 bed and 1 bath. Each building also has a 968 SF 4 car garage building and asphalt parking lot. All new roofs since 2008 and several new furnaces and air conditioners in the last 5 years. Security entrances to all buildings with intercom system for entry.

Low turnover and excellent resident retention. Leases and deposits all units. Tenants pay all utilities except common area lighting. All appliances including range, refrigerator, dishwasher, disposal, and washer / dryer in each unit. Most appliances are new in the last few years. Matching blinds at all windows for uniformity and exterior appearance. Several new furnaces and air conditioners in last few years.

Tastefully landscaped and monument sign identifying property for passers-by. Listing Broker is a member of ownership LLC.

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