Single Family Rental Portfolio
Multi-Family
for Sale
| Catylist Listing ID: |
30814792 |
| Number of Units: |
29 Units |
| Building Size (RSF): |
950 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,160,000 |
| Unit Price: |
$74,482.76 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.84% |
| Last Updated: |
1/26/2023 |
Overview / Comments
Single family residential portfolio located in Anderson, IN. Most units have been rehabbed since 2019 (including new roofs) and several are currently in the process of being rehabbed. Tenants pay utilities. Value add opportunity as there are several long term tenants with older leases.
Pro forma NOI of $147,745
|
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Madison |
| Tax ID/APN: |
48-11-02-202-078.000-003 |
| Total Number of Buildings: |
26 |
| Property Condition: |
Average |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,922 |
36,702 |
63,371 |
| Median Age: |
44.78 |
36.58 |
39.05 |
| Households: |
1,437 |
14,416 |
26,263 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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