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Lincoln Park Apartments 600 W North St 35 Unit Apartment Building For Sale Greenfield, IN 46140
Investment Highlights
- Fantastic Rental Market
- Located Approximately 30 Minutes From Downtown Indianapolis
- All New Windows And Other CapEx Recently Completed
- Varied unit mix of studios, one-bedroom, and two-bedroom layouts for tenant diversity.
Executive Summary
Built in 1900 and renovated into apartments in 2006, LINCOLN PARK APARTMENTS is a 35-unit multifamily community located in Greenfield, Indiana. The property includes one building which encompass approximately 2.54 acres and offers 27,480 rentable square feet.
The property offers a unit mix of 4 Studio, 16 one-bedroom |one-bathroom, and 15 two-bedroom | one-bathroom units. Unit sizes range between 693 square feet to 880 square feet.
Just a 30-minute drive to Indianapolis, the Town of Greenfield, Indiana, is located approximately 25 miles east of Indianapolis in Hancock County. Greenfield is a close-knit, family-oriented city with a historic downtown and a sense of security that comes from neighbors who care about their community and each other. The city boasts many assets such as the Hancock Regional Hospital and the Hancock County Public Library.
The property offers a unit mix of 4 Studio, 16 one-bedroom |one-bathroom, and 15 two-bedroom | one-bathroom units. Unit sizes range between 693 square feet to 880 square feet.
Just a 30-minute drive to Indianapolis, the Town of Greenfield, Indiana, is located approximately 25 miles east of Indianapolis in Hancock County. Greenfield is a close-knit, family-oriented city with a historic downtown and a sense of security that comes from neighbors who care about their community and each other. The city boasts many assets such as the Hancock Regional Hospital and the Hancock County Public Library.
Property Facts
| Sale Type | Investment | Lot Size | 2.54 AC |
| No. Units | 35 | Building Size | 30,992 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2006 |
| Apartment Style | Low-Rise | Parking Ratio | 1.29/1,000 SF |
| Building Class | C | ||
| Zoning | Comm - Commercial | ||
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.54 AC |
| Building Size | 30,992 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2006 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | Comm - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 800 |
| 1+1 | 16 | - | 693 |
| 2+1 | 15 | - | 880 |
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Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $531,200 | |
| Land Assessment | $172,400 | Total Assessment | $703,600 |
Property Taxes
Parcel Numbers
Land Assessment
$172,400
Improvements Assessment
$531,200
Total Assessment
$703,600
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