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2345 Perkins Ave - Perkins Street Apartments 20 Unit Apartment Building Offered at $1,490,000 at a 8% Cap Rate Indianapolis, IN 46203
EXECUTIVE SUMMARY
* 20 units, 4 Separate Buildings
* 100% Occupancy
* In place average rents @ $698/month
* Can boost rents $150/month/unit
* 1, 2 and 3 bedroom units
* In place professional management who is willing to continue managing the property should the buyer decide to retain their services
* Pet friendly
* 100% Occupancy
* In place average rents @ $698/month
* Can boost rents $150/month/unit
* 1, 2 and 3 bedroom units
* In place professional management who is willing to continue managing the property should the buyer decide to retain their services
* Pet friendly
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Playground
- Wheelchair Accessible
- Recycling
- Walking/Biking Trails
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | 800 |
| 2+1 | 1 | - | 700 |
| 1+1 | 18 | - | 600 |
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PROPERTY TAXES
| Parcel Number | 49-10-20-104-244.000-101 | Improvements Assessment | $332,000 |
| Land Assessment | $183,600 | Total Assessment | $515,600 |
PROPERTY TAXES
Parcel Number
49-10-20-104-244.000-101
Land Assessment
$183,600
Improvements Assessment
$332,000
Total Assessment
$515,600
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2345 Perkins Ave - Perkins Street Apartments
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