Off Campus East Apartments

Multi-Family for Sale
Catylist Listing ID: 30830904
Property Subtypes: Student Housing
Number of Units: 32 Units
Building Size (RSF): 15,360 SF
Gross Building Area: See Agent
Gross Land Area: 0.77 Acres
Sale Price: $1,100,000
Unit Price: $34,375 Per Unit
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2023

Overview / Comments

Thirty two apartment complex one block from Vincennes University. Each unit has the same layout featuring 1 bedroom and 1 bathroom. Refrigerators and stoves are owned by landlord. Tenants pay their own electric bills. Water, sewer, and trash are paid by landlord. Rent roll available upon request. Seller is a licensed real estate agent.

Additional Details

Nearest MSA: Vincennes
County: Knox
Tax ID/APN: 421222205113000022
Percent Occupied: 75%
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1973
Parking Type: Surface
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,435 20,264 22,301
Median Age: 31.63 37.85 38.72
Households: 3,814 7,963 8,765

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