Marylaine Apartments is a multi-family complex with 82 units, situated just a mile away from Indiana State University in Terre Haute, IN. The property offers a combination of 54 one-bedroom and 28 two-bedroom units, providing ample living space for its occupants. Additionally, there is potential for physical and operational improvements that could increase the property’s value.
One of the property’s significant advantages is its location near the university and Union Hospital. With its position as the top employer in Vigo County, Union Hospital provides a promising pool of potential tenants.
Terre Haute, MI & Indiana State University
Located along the Wabash River, Terre Haute is a thriving city with a population of 60,000. It is home to prestigious educational institutions such as Indiana State University, Rose-Hulman Institute of Technology, and Ivy Tech Community College. The city's economy is robust, with a diverse range of industries including manufacturing, education, and healthcare. The Vigo County Industrial Park has attracted leading companies from different sectors.
Indiana State University offers a wide range of academic programs, with over 100 undergraduate majors and 75+ graduate programs. The university boasts a sprawling campus that spans over 200+ acres and includes more than 60 buildings, including the historic Normal Hall. The vibrant campus culture includes events like the Indiana State Tricycle Derby and Tandem race. For students seeking a world-class education in a supportive environment, ISU is an excellent choice.