tBACKGROUND

Passive Investors

Welcome

The Viking Capital Investments team is pleased
to present this investment offering of the 400-unit,
MainStreet Village apartment homes in South Bend, Indiana.

★ For Accredited Investors ★

Multifamily Syndication Investment Opportunity

Offering Details At-A-Glance

$19.6M

Equity Available

97%

Occupancy
(As of June 2021)

305

Units still to be renovated to follow with correspondent rent increases

5 Year

Hold

Projected Investor Returns

A two-tiered return structure gives investors more choices when placing their equity. Investors have the opportunity to invest in either tier of equity Class A, Class B or a combination of both Class A and Class B. Diversifying in both classes allows for a risk adjusted and blended return.

Projected Investor Returns
Projected Investor Returns

Tour The Property

MainStreet Village is a 2000’s built property in one of the most affluent areas in northern Indiana. The current owner has demonstrated the ability to increase rents through unit upgrades and current rent rates remain below nearby competition.With over 300 units still available to upgrade, Viking Capital has the opportunity to continue to increase revenue through forced appreciation. MainStreet caters to the high- income population and offers a comprehensive amenity set with a variety of high-end interior finishes.

Rock Solid Submarket Fundamentals

Rock Solid Submarket
Fundamentals

South Bend, IN has unmistakable momentum while preparing its economy for the digital age. The prestigious University of Notre Dame brings stability with an educated population base. The South Bend rental market offers an incredible 10- year upward occupancy trend and 95% average occupancy for the past 3 years.

Central Location

High-Income Population

South Bend, IN is the most affluent area in the region with the highest single-family home values in the county, touting 56% of households with median incomes over $150,000. Granger, IN is in St. Joseph County and is one of the best places to live in Indiana. Granger is a suburb of South Bend with a population of 30,776.

Main-Street-Village-Apartments-7
Rock Solid Submarket Fundamentals

Rock Solid Submarket
Fundamentals

South Bend, IN has unmistakable momentum while preparing its economy for the digital age. The prestigious University of Notre Dame brings stability with an educated population base. The South Bend rental market offers an incredible 10- year upward occupancy trend and 95% average occupancy for the past 3 years.
Main-Street-Village-Apartments-5
Central Location

High-Income Population

South Bend, IN is the most affluent area in the region with the highest single-family home values in the county, touting 56% of households with median incomes over $150,000. Granger, IN is in St. Joseph County and is one of the best places to live in Indiana. Granger is a suburb of South Bend with a population of 30,776.

Accredited Investors Welcome

This offering is a SEC Reg D 506(c) and is open to accredited investors only. An accredited investor has either a net worth of $1 million, not including their primary residence, OR an annual income of $200,000 (or $300,000 if married) for the last two years and a reasonable expectation that it will continue.

A Message From Viking Capital CEO,
Vikram Raya, MD

Ready to Invest?

Complete the form below to begin the investment onboarding process.

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