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The Ellsworth

Posted: 11/14/2022
99 Units
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About The Ellsworth

1 WALKABLE URBAN LOCATION The Ellsworth is ideally located in connected and vibrant Downtown Lafayette and West Lafayette. This irreplaceable location offers walkable access to retail, dining, parks, trails and entertainment. 2 HIGH-END FINISHES AND FEATURES The Ellsworth brings the best of luxury to downtown dwellers with high-end finishes from corner to corner and an open floorplan living area. The elevated amenity set offers residents the comfort and convenience they demand. 3 OPPORTUNITY ZONE BENEFITS Closing acquisition of this asset before the certificate of occupancy (estimated Aug 2022) allows the buyer to step into the developer position and reap the benefits of the opportunity zone 4 GROWING PURDUE Since 2014, Purdue’s annual applications to the university are up 48%. Purdue now ranks as one of the nation’s top U.S. public institutions as well as one of its most innovative. 5 MULTIFACETED GREATER LAFAYETTE The Greater Lafayette Area is continuing incredible growth, innovation and expansion. With new developments in both education and industry, This area continues to be the top place to live work and play. 6 ALL CASH OR ASSUME EXISTING DEBT The Ellsworth can be purchased on an all cash basis or through assumption of the existing $13M fixed rate loan with a 3.87% interest rate.