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Walnut Tree Apartments 100 Walnut Tree Dr 21 Unit Apartment Building $1,500,000 ($71,429/Unit) Salem, IN 47167
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.
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 | Building Class | B |
| Price Per Unit | $71,429 | Lot Size | 2.14 AC |
| Sale Type | Investment | Building Size | 27,257 SF |
| No. Units | 21 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1975 |
| Apartment Style | Garden | ||
| Zoning | C - Commercial | ||
| 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
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Property Taxes
| Parcel Number | 88-24-18-224-004.001-022 | Improvements Assessment | $316,900 |
| Land Assessment | $105,200 | Total Assessment | $422,100 |
Property Taxes
Parcel Number
88-24-18-224-004.001-022
Land Assessment
$105,200
Improvements Assessment
$316,900
Total Assessment
$422,100
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Walnut Tree Apartments | 100 Walnut Tree Dr
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