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9012 Pinehurst Dr
Indianapolis, IN 46235
Oaktree Apartments Homes · Multifamily Property For Sale
·
336 Units
Property Facts
| No. Units | 336 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 221,120 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Parking Ratio | 3.02/1,000 SF |
| Lot Size | 18.62 AC | ||
| Zoning | ZO01 | ||
| No. Units | 336 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 18.62 AC |
| Construction Status | Demolished |
| Building Size | 221,120 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Parking Ratio | 3.02/1,000 SF |
| Zoning | ZO01 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Refrigerator
- Range
- Window Coverings
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Laundry Service
About 9012 PINEHURST DR , INDIANAPOLIS, IN 46235
Oaktree Apartments is a vacant 336-unit community located on the east side of Indianapolis at 9012 Pinehurst Drive North, Indianapolis, Indiana 46235. The property has 29 buildings with gross square footage of 221,120 SF including 156 one bedroom (570 SF) units and 180 two bedroom (740 SF) units. The community is located on an 18.62± acre site and is constructed of two-story wood-frame with brick veneer and vinyl sided exteriors, concrete slabs, and pitched asphalt shingle roofs. + Owner will deliver free and clear for $11,890/unit. + Resident paid electricity and gas. + Gas forced air heat and individual air conditioning units + Proforma Levered IRR 29.32%. + Proforma cash on cash 16.35%.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 156 | $525.00 | 570 |
| 2+1 | 180 | $625.00 | 740 |
Property Taxes
| Parcel Number | 49-08-17-121-002.000-401 | Improvements Assessment | $102,800 |
| Land Assessment | $492,800 | Total Assessment | $595,600 |
Property Taxes
