60 Unit Investment Opportunity in Downtown Evansville

1407 Howard Street, Evansville, Indiana 47713

  • Property Subtypes Low-Rise/Garden
  • Building Size (RSF) 60,812 SF
  • Gross Building Area 60,812 SF
  • Building Name Donaldson Arms
  • Building Status Existing
  • Sale Price $2,500,000.00 Total
  • Unit Price $41.11 per SF
  • Class of Space N/A
  • Total Land Size 1.47 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 6/13/2019
  • Days on Market 328 Days
  • Status active

Overview / Comments

Please contact the agent for more information about this listing

Agent Notes

See Agent

Financials

  • Finance Data Year 2017
  • Real Estate Taxes - Annual($) 13,268
  • Tax Value Land $64,200
  • Tax Value Improvements $552,800
  • Assessed Value - Total($) 617000
  • Potential Rental Income $388,500
  • Net Operating Income $212,069
  • Gross Operating Income $388,500
  • Actual or Proforma Year Proforma

Additional Details

  • Tax ID/APN 82-06-32-022-043.001-029
  • Zoning R-4
  • Property Visibility N/A
  • Total Number of Buildings 1
  • Number of Stories 3
  • Year Built 1923
  • Total No Of Units 60
  • Tax Auth Vanderburgh County
  • Legal Description CHAS E JOHNSON PL LOTS 1 TO 12 PARRETTS ENL & ADJ 50 X 231.5 FT BL 11 PIGEON TOWNSHIP TOWNSHIP
  • Zoning Description Evansville Residential District R-4