This Multifamily Property is no longer advertised on LoopNet.com.

1005 N Park Forest Dr
Marion, IN 46952
Park Forest Apartments · Multifamily Property For Sale · 64 Units

Investment Highlights

  • Immediate Cash Flow with Upside
  • Major Employers in the Area Include the General Motors (GM) Metal Stamping Plant
  • Significant Recent Improvements

Property Facts

No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.44 AC
Building Size 62,240 SF
Average Occupancy 83%
No. Stories 2
Year Built 1963
Parking Ratio 1.03/1,000 SF
Zoning R07

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Porch

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Wi-Fi
  • Maintenance on site
  • Online Services
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 64 - 900

Property Taxes

Property Taxes

Parcel Number
27-03-36-103-037.000-023
Land Assessment
$727,000
Improvements Assessment
$3,852,500
Total Assessment
$4,579,500
  • Listing ID: 34934584

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 1005 N Park Forest Dr, Marion, IN 46952

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