South Bend Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in South Bend, Indiana
South Bend: In the Spotlight
South Bend, Indiana is located 147 miles from the state’s capital city of Indianapolis and is part of the South Bend–Mishawaka Metropolitan Statistical Area (MSA). The population of South Bend is just over 102,000, making it the 4th most populous city in the State. It also covers around 42 square miles of land. South Bend is home to the legendary University of Notre Dame (of football fame), and lies only 5 miles from the Michigan border.
- The unemployment rate is relatively low, around 5.1%.
- The median household income is $40,265.
- The median age in South Bend is 33 years old
- South Bend employs over 46,000 residents
- South Bend has a high vacancy of around 11% across all rental properties
- There has been a marginal rent increase, to $854 per month
- The homeownership rate is roughly 57%, which leaves around 43% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
South Bend Apartment Loan and Multifamily Property Facts
South Bend is part of the Indiana market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in South Bend, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Fort Wayne Apartment Loan and Lending Options
In South Bend, Indiana there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your South Bend Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of South Bend, IN. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in South Bend is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our South Bend Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.