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221 N Washington St 34 Unit Apartment Building $475,000 ($13,971/Unit) Marion, IN 46952
Investment Highlights
- Prime downtown Marion location in the central business district
- Only 15 minutes to I-69
Executive Summary
Residential Living Redevelopment Opportunity
• ± 23,968 SF situated on ± 0.94 acres
• Prime downtown Marion location in the central business district
• Situated on a well-trafficked corridor
• Offering excellent visibility & accessibility
• Close to many amenities & public transportation
• Only 15 minutes to I-69
• ± 23,968 SF situated on ± 0.94 acres
• Prime downtown Marion location in the central business district
• Situated on a well-trafficked corridor
• Offering excellent visibility & accessibility
• Close to many amenities & public transportation
• Only 15 minutes to I-69
Property Facts
| Price | $475,000 | Property Subtype | |
| Price Per Unit | $13,971 | Building Class | C |
| Sale Type | Investment | Building Size | 17,415 SF |
| No. Units | 34 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1967 |
| Price | $475,000 |
| Price Per Unit | $13,971 |
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | C |
| Building Size | 17,415 SF |
| No. Stories | 2 |
| Year Built | 1967 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
1 1
Property Taxes
| Parcel Number | 27-07-06-102-114.000-002 | Improvements Assessment | $896,700 |
| Land Assessment | $64,300 | Total Assessment | $961,000 |
Property Taxes
Parcel Number
27-07-06-102-114.000-002
Land Assessment
$64,300
Improvements Assessment
$896,700
Total Assessment
$961,000
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221 N Washington St
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