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The Mint 2505 E 10th St 36 Unit Apartment Building $3,195,000 ($88,750/Unit) 7.03% Cap Rate Anderson, IN 46012
Executive Summary
Recently remodeled 36 unit complex in the great residential area of Anderson. 20 minutes from Fishers , the best little town in America! Upside in rents increases. 9 1br units and 27 2br units. new laundry rooms.
Property Facts
| Price | $3,195,000 | Building Class | C |
| Price Per Unit | $88,750 | Lot Size | 2.32 AC |
| Sale Type | Investment | Building Size | 35,824 SF |
| Cap Rate | 7.03% | Average Occupancy | 96% |
| No. Units | 36 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | B-3 - Business | ||
| Price | $3,195,000 |
| Price Per Unit | $88,750 |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.32 AC |
| Building Size | 35,824 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | B-3 - Business |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Patio
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $798.00 | 784 |
| 2+1 | 27 | $949.00 | 852 |
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Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 48-12-17-200-003.000-003 | Improvements Assessment | $784,200 |
| Land Assessment | $116,000 | Total Assessment | $900,200 |
Property Taxes
Parcel Number
48-12-17-200-003.000-003
Land Assessment
$116,000
Improvements Assessment
$784,200
Total Assessment
$900,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Arthur Drozd
The Mint | 2505 E 10th St
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