Andrew O’Connell and Anthony Spangler of Horvath & Tremblay have completed the sale of Woodside Terrace, a 32-unit multifamily property in Valparaiso, Indiana.
Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3.36 million.
Woodside Terrace is located at 1005 and 1009 McCord Road in Valparaiso. Its 32 units are spread across eight two-story brick buildings. The unit mix is comprised of 23 two-bedroom/one-bathroom units, four two-bedroom/1.5-bathroom units, four three-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit.
Woodside Terrace was constructed in 1976 and contains 31,440 square feet of living area in 35,000 total gross square feet on a 2-acre parcel of land with onsite parking for sixty-four vehicles. The property is located in a quiet residential neighborhood comprised mainly of single and multifamily homes.
All of the units feature patios and balconies, and many of the units have A/C units. All of the units have dishwashers and in-unit washer/dryer hookups. The community also offers ample on-site parking, professionally landscaped grounds and ample green space.