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5122 W Canterbury Dr
Muncie, IN 47304
Canterbury Townhomes · Multifamily Property For Sale
·
50 Units
Investment Highlights
- $336 Rental Upside per Unit
- 8.90 Percent In-Place Cash-on-Cash
- 8.05 Percent In-Place CAP
- 92 Percent Occupancy
Property Facts
| No. Units | 50 | Lot Size | 3.98 AC |
| Property Type | Multifamily | Building Size | 53,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | B | Parking Ratio | 0.78/1,000 SF |
| Zoning | R2 | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.98 AC |
| Building Size | 53,000 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 24 | - | 800 |
| 3+1.5 | 26 | - | 1,300 |
Property Taxes
| Parcel Number | 18-10-12-426-010.000-036 | Improvements Assessment | $1,413,100 |
| Land Assessment | $163,700 | Total Assessment | $1,576,800 |
Property Taxes
Parcel Number
18-10-12-426-010.000-036
Land Assessment
$163,700
Improvements Assessment
$1,413,100
Total Assessment
$1,576,800
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