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2801 Horizon Dr
West Lafayette, IN 47906
Horizon Drive Fourplexes · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Class B, 1996 construction
- Spacious 1,020 SqFt Units: All 2 Bed - 1 Bath
- Mark-to-Market Opportunity Through Light to Medium Value-Add
- 2 miles from Purdue University
- In-Unit Washer/Dryer
Property Facts Under Contract
| Price Per Unit | $118,750 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 12,240 SF |
| Cap Rate | 6.14% | No. Stories | 2 |
| Gross Rent Multiplier | 9.05 | Year Built | 1994 |
| No. Units | 12 |
| Price Per Unit | $118,750 |
| Sale Type | Investment |
| Cap Rate | 6.14% |
| Gross Rent Multiplier | 9.05 |
| No. Units | 12 |
| Property Type | Multifamily |
| Building Size | 12,240 SF |
| No. Stories | 2 |
| Year Built | 1994 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,121 | 1,020 |
Property Taxes
| Parcel Number | 79-06-11-101-017.000-023 | Improvements Assessment | $338,400 |
| Land Assessment | $36,100 | Total Assessment | $374,500 |
Property Taxes
Parcel Number
79-06-11-101-017.000-023
Land Assessment
$36,100
Improvements Assessment
$338,400
Total Assessment
$374,500
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