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For Sale

Somerset Townhomes & Villas Investment

3115 Carroll Rd,
Fort Wayne, IN 46818

Asset Snapshot

$1,243,124.88
NOI
2023
Year Built
76
Building Count
76 Units
Unit Count
0 SF
Average Unit Size
93,240 SF
Property Size
83%
Occupancy

Offering Summary

Investment Overview

Invest in luxury living redefined at Somerset Townhomes & Villas, located in one of the fastest growing areas of Fort Wayne. Built in 2023 by Fort Wayne's premier luxury home builder, this park-like property offers lush landscaping, manicured green spaces, private patios, large sidewalks, ponds, and a dog park. Designed to enhance community bonds and create a sense of tranquility, Somerset is a desirable neighborhood with a synergetic mix of single-family homes, villas, and townhomes. This premier investment is available to acquire just the villa portfolio or the townhome portfolio, however, the entire property is available for serious investors. The 19 acre parcel is expertly developed where the 20 villa homes are located on the west portion and the 9 townhome buildings located on the east portion of the property. Diversify your portfolio with the ability to accommodate the full spectrum of renters from single-family home to two story townhome.


Investment Highlights

  • SOMERSET VILLAS
  • 20 single-family homes with attached 2-car garage
  • 3-bedroom, 2-bathroom units
  • 6 different floor plans range 1,244 SF to 1,280 SF
  • Luxury designed with cathedral ceilings, breakfast nooks, laundry room, and back patios
  • Cul-de-sac site plan with large front yards and sidewalks
  • Features include granite countertops, plank flooring, Samsung appliances, wood cabinets, and custom doors!
  • SOMERSET TOWNHOMES
  • 9 buildings with 56 units in both garden and 2-story construction
  • 2 and 3 bedroom, 2.5 bathroom units
  • 4 different floor plans range 862 to 1,600 SF
  • Luxury designed with high ceilings, breakfast nooks, open concept, and back patios
  • Features include granite countertops, plank flooring, Samsung appliances, wood cabinets, and custom doors!
  • Somerset is professionally managed to ensures the property has manicured the curb appeal with landscaping, lawn, and snow service; up-to-date maintenance on HVAC units; efficient vacant turns; high satisfaction ratings; and stable, credit-worthy tenant mix.

How it Works

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Listing Syndicated From

Buildout
For Sale
$19,990,000
Asking Price