Anderson Rental Package Portfolio

Multi-Family for Sale
Catylist Listing ID: 30802066
Property Subtypes: Duplex/Fourplex
Number of Units: 22 Units
Building Size (RSF): 2,520 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $63,636.36 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 6.4%
Last Updated: 5/11/2022

Overview / Comments

Great 8 property, 22 unit rental package portfolio for sale with all units located in Anderson, Indiana. Most leases have recently be bumped to market value and switched from month to month to year long. Potential value add by adding utilities back on the tenants as current owner pays all utilities. Check out www.andersonrentalpackage.com or call 1-80-ANDERSON for more details.

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $10,328 (Annual)
Potential Rental Income $193,500 (Annual)
Gross Operating Income $103,617 (Annual)
Net Operating Income $89,883 (Annual)
Actual or Proforma Year Proforma
Finance Data Year 2021
Real Estate Taxes - Annual($) $10,328 (Annual)
Potential Rental Income $169,303 (Annual)
Gross Operating Income $103,617 (Annual)
Net Operating Income $65,686 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Madison
Submarket/Township: Anderson
Tax ID/APN: 480836400353000019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,010 36,208 71,510
Median Age: 33.27 37.96 39.73
Households: 2,264 14,382 29,592

Contact

Photograph of Listing Agent

Steve Thompson

FC Tucker/Thompson
ICREX Member
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