University Square Apartments
|
Property Type:
|
Multi-Family
for Sale
Mid-Rise
|
| Building Size (RSF): |
49,800 SF
|
| Sale Price: |
$1,155,000 |
| Building Name: |
University Square Apts |
| Property Status: |
Existing |
| Total Land Size: |
2 Acres |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
10.0% |
| Last Updated: |
8/16/2010 |
One block off main road of Scatterfield in Anderson.
55 units, 1 model office, 1 studio, 8-1 bedrooms and
45- 2 bedrooms. On site leasing/management office and maint. 3 Fully bricked buildings, low maintenance exteriors with 39 carports and more than enough infront parking. Close to downtown and shopping on a quiet street. Out of state owner wanting to scale back investments. 89% occupancy now with the model and storage area being used for on site care. 21,000 per unit. Great investment with everything in place to take over.
Financials available upon request.
|
| Nearest MSA: |
Anderson |
| County: |
Madison |
| Tax ID Number/APN: |
481851046,49,51,55,000001003 |
| Property Use Type: |
Investment |
| Zoning: |
403, 40 or more units |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,275 |
51,652 |
77,097 |
| Median Age: |
33 |
35 |
37 |
| Households: |
3,642 |
21,276 |
32,257 |
| Avg. Household Income: |
$44,910 |
$44,527 |
$47,653 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|