
164 East 61st Street
US - New York, NY
HK$64,180,000 | 5 units
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker is pleased to present Hampton in Highland Apartment Homes, a 455-unit garden-style apartment community located in charming Highland, Indiana. Just 30 miles southeast of Chicago, Highland is a vibrant midwestern town known as a hub for retail trade harboring a large concentration of big-box retailers, healthcare providers, and manufacturing companies including Whirlpool, Dana Corporation, & ArvinMeritor. Originally constructed in 1975, the community offers desirable 1-2 bedroom floor plans & ample amenity space prime for a programmatic renovation plan to take this asset into its next chapter. The property features a robust amenities package including a fitness center, sauna, outdoor swimming pool, tennis courts, community lounge and game room. Hampton in Highland provides investors an opportunity to continue the verifiable value-add strategy through interior unit renovations. The community is conveniently located next to HW-41, providing easy access to top employers, local retail, dining, and entertainment venues. This rare investment opportunity is available all cash.
Verifiable Value-Add Upside
Ideal Investment Criteria
Exceptional NW Indiana Location
Stellar Submarket Performance