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Caldera on Cleveland Listing Details & Market Data

1620, 1608 & 15165 Cleveland Rd., Granger, IN 46530

  • For Sale $42,500,000
  • Property Type VacantLand
  • Lot Size 6.4 Acre
  • Date Updated Nov 23, 2022
The Cleveland Road community will consist of 80 luxury townhome/flat-over-flat rental units configured within a park-like setting in a series of 3-, 6- and 7-unit buildings surrounding two central courtyards. A total of five different plan styles will be represented ranging from 1,300 square foot second-floor flat to a 2,322 two-story townhome/rowhome. Each residence will include a high level of standard features/finished including items such as granite or quartz kitchen countertops; stainless steel appliances; functional laundry rooms; in-unit washers/dryers; luxury plank flooring in living areas; upgraded cabinets, fixtures, and lighting; private patios/decks and smart-home technology. In addition, most units will include a standard two-car garage, while others will have the option of either surface parking or an attached two-car garage. Relative to surface parking, between 60 and 65 spaces will be provided on site.
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Location

  • Walk Score ® Car-Dependent (22)
  • Bike Score ® Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Granger, IN
  • Neighborhood Granger
  • Zip Code 46530
  • Market South Bend

Points of Interest

South Bend

7.22 miles

South Bend Airport

7.86 miles

Marathon

1.16 miles

Mishawaka, IN Supercharger

1.46 miles

Marathon

2.44 miles

Rick's Gas

4.64 miles

Citgo

5.21 miles

Exxon

5.23 miles

Casey's General Store

5.33 miles

Meijer

6.38 miles

BP

6.65 miles

Murphy USA

8.29 miles

Bulla Faculty/Staff Lot

3.73 miles

Bank Lot

3.91 miles

East Gate Lot

3.91 miles

Transportation Services Lot

3.96 miles

Softball Lot

3.97 miles

White Field Research Lot

3.98 miles

Stadium Lot

4.20 miles

Legends Lot

4.26 miles

Regina Parking Lot

5.20 miles

Cobus Parking lot

5.57 miles

Flat Top Grill

1.47 miles

Outback Steakhouse

2.01 miles

Logan's Roadhouse

2.09 miles

Nick's Patio

3.33 miles

Popeyes

3.40 miles

Jack's Donuts

4.35 miles

Scoobies

4.38 miles

Jimmy John's

4.39 miles

Five Guys

4.43 miles

Phoenix Bar & Grill

4.51 miles

John F Kennedy Elementary School

3.46 miles

Bethel University

3.55 miles

University of Notre Dame du Lac

3.97 miles

Indiana University School of Medicine

4.50 miles

Saint Joseph School

4.62 miles

Saint Bavo School

4.92 miles

Holy Cross College

5.05 miles

Saint Mary's College

5.05 miles

Indiana University South Bend

5.21 miles

Lasalle Elementary School

5.23 miles

Starz Academy

4.51 miles

2nd Nature Childcare Services

4.85 miles

Meechie Day Care, Inc. Ministry

5.19 miles

Contacts

broker

Dan Skodras

Bradley Company

(574) 237-6052

Highlights

  • The project is an 80 unit luxury rental townhome and flat development with five different floor plans, garages and high end finishes.
  • The project is in the growing and affluent Granger area, and is located in Penn-Harris Madison School District, which is the premier public school district in the greater market area.
  • CRMH is the development company and owns ±6 acres on Cleveland Rd. in Granger in a prime location for a development like Caldera on Cleveland.
  • Ownership group includes a private equity business investor, the lead architect and the contractor who will be performing the construction under an open book construction arrangement without the added cost of a general contractor.
  • Third party market study supports demand for the project's development plan.

Attachments

Contact Listing Broker

broker

Dan Skodras

Bradley Company

(574) 237-6052

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