← All Projects

Crossroads New Haven

📍 New Haven, Indiana
$1,000,000
Purchase Price
$9,460 (fourplex)
Rental Income
7.1%
Cap Rate
$1,489
Cash Flow / mo
12
Bedrooms
8
Bathrooms
6,024
Square Feet
2026
Year Built
B+
Neighborhood
28%
Est. Expenses

Investment Opportunity | Near Fort Wayne, Indiana

Located in the growing New Haven submarket just outside Fort Wayne, Crossroads New Haven offers newly constructed duplex, triplex, and fourplex investment opportunities in one of the Midwest’s most stable and under-the-radar growth markets.

Indiana is known as the “Crossroads of America,” driven by a strong manufacturing and logistics base. The Fort Wayne region, in particular, has experienced sustained employment demand — and a meaningful shortage of new, quality housing supply.

Local leadership has openly acknowledged the housing gap, with employers noting that many workers must choose between outdated housing or commuting from neighboring states. This creates a clear demand driver for well-designed, modern rental housing in the area.


Why This Market

  • Strong and diverse manufacturing employment base
  • Tertiary market with less institutional competition
  • Limited new housing supply relative to demand
  • Stable, workforce-driven renter pool

Unlike primary metros that attract heavy institutional capital, markets like Fort Wayne offer opportunities for “Main Street” investors to compete on more favorable terms.


Tax Advantage

The City of New Haven has granted the project a five-year tiered property tax abatement, currently two years in:

  • Year 1: 0% property tax
  • Year 2: 20% assessed value
  • Gradual increases through Year 5
  • Fully assessed in Year 6

This structure enhances early-year cash flow and improves long-term performance metrics.


Product Overview

Each townhome-style unit features:

  • 3 Bedrooms
  • 2.5 Bathrooms
  • 2-Car Garage with full driveway
  • Modern layouts designed for workforce families

Available configurations include duplexes, triplexes, and fourplexes.


Community Amenities

Crossroads New Haven will feature:

  • Landscaped green space
  • Dedicated dog park
  • Adjacent access to the New Haven Community Center

The nearby New Haven Community Center includes:

  • Indoor gym
  • Indoor & outdoor pickleball courts
  • Tennis courts
  • Playground
  • Splash pad

IN-930 East | Fort Wayne, IN 46803

The property is positioned along IN-930 (State Road 930 East) — a primary east-west corridor connecting central Fort Wayne to New Haven and the greater northeastern Indiana region. This arterial roadway provides strong regional connectivity and direct access to major transportation routes including I-469 and U.S. 30.

Strategic Positioning

  • High-visibility corridor with consistent traffic flow
  • Direct commuter access to employment hubs
  • Proximity to industrial and manufacturing employers
  • Easy connectivity to retail and daily services

The 46803 submarket sits in an affordable, workforce-oriented segment of Fort Wayne. Housing in this area typically serves renters employed in manufacturing, logistics, healthcare, and local service industries — sectors that form the backbone of the regional economy.

Investment Context

Fort Wayne is the second-largest city in Indiana and serves as the economic center of northeastern Indiana. The area benefits from:

  • A diversified employment base
  • Strong manufacturing and distribution presence
  • Stable population trends
  • Relative affordability compared to national averages

Because this corridor primarily serves workforce housing demand, it tends to offer:

  • Consistent renter demand
  • Price points aligned with median incomes
  • Less institutional investor competition than primary markets

For investors, the location represents exposure to a stable Midwestern employment base with connectivity, infrastructure access, and housing affordability that supports long-term rental demand.

Site Plans & Exhibits

Crossroads New Haven plat mapCrossroads New Haven plat mapCrossroads New Haven plat map