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8943 N 300 W 6 Unit Apartment Building $525,000 ($87,500/Unit) Lake Village, IN 46349
EXECUTIVE SUMMARY
***INVESTMENT OPPORTUNITY*** ***GROW YOUR PORTFOLIO*** ***VALUE ADD OPTIONS*** First time available to the public in decades! This rare opportunity for passive income is now available! Investors- this one has 4 completely remodeled units, 3 rented, the fourth left vacant for easy touring scheduling. Two additional units can be completed in the lower level! Seller will include building materials that have already been purchased- including kitchen cabinets!! All units separately metered. NO WATER/SEWER charges- well and septic! Huge lot- potential to add storage sheds, rentable garage spaces or possibly even a duplex or similar structure! The income growth here is HUGE!! Call an agent today!
PROPERTY FACTS
| Price | $525,000 | Building Class | C |
| Price Per Unit | $87,500 | Lot Size | 1.17 AC |
| Sale Type | Investment | Building Size | 4,608 SF |
| No. Units | 6 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1972/2025 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.33/1,000 SF |
| Zoning | Commercial - 4-19 Family apartments | ||
| Price | $525,000 |
| Price Per Unit | $87,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 4,608 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2025 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | Commercial - 4-19 Family apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Range
- Tub/Shower
- Family Room
- Linen Closet
SITE AMENITIES
- Laundry Facilities
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $1,000 | 750 |
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PROPERTY TAXES
| Parcel Number | 56-04-22-222-006.000-012 | Improvements Assessment | $85,800 |
| Land Assessment | $40,000 | Total Assessment | $125,800 |
PROPERTY TAXES
Parcel Number
56-04-22-222-006.000-012
Land Assessment
$40,000
Improvements Assessment
$85,800
Total Assessment
$125,800
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8943 N 300 W
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