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Walnut Tree Apartments 100 Walnut Tree Dr 21 Unit Apartment Building $1,500,000 ($71,429/Unit) Salem, IN 47167

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EXECUTIVE SUMMARY

Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Call to schedule your showing today, please allow enough time for the tenants to be notified.

ATTACHMENTS

LBP
Aerial

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,500,000
Price Per Unit $71,429
Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 2.14 AC
Building Size 27,257 SF
Average Occupancy 100%
No. Stories 2
Year Built 1975
Zoning C - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector
  • Listing ID: 36898257

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 100 Walnut Tree Dr, Salem, IN 47167

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