715 S Cole Ave | Muncie, IN 47303
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- LoopNet Team
715 S Cole Ave
Muncie, IN 47303
Midtown at Cole Street · Multifamily Property For Sale
·
33 Units
INVESTMENT HIGHLIGHTS
- Newly renovated apartment property - $830k+ in CapEx
- Cole Street Apartments offers the most affordable renovated units in its market
- Demonstrated potential to raise rents by over 9% on-average
- Opportunity to retain in-place third party management
PROPERTY FACTS
| No. Units | 33 | Building Size | 10,225 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1967/2021 |
| Apartment Style | Low-Rise | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | VB | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 10,225 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2021 |
| Tenancy | Single |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | VB |
AMENITIES
SITE AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 18-11-17-180-010.000-003 | Improvements Assessment | $176,700 |
| Land Assessment | $20,300 | Total Assessment | $197,000 |
PROPERTY TAXES
Parcel Number
18-11-17-180-010.000-003
Land Assessment
$20,300
Improvements Assessment
$176,700
Total Assessment
$197,000
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