924 Sun Valley Dr | Anderson, IN 46016
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- LoopNet Team
924 Sun Valley Dr
Anderson, IN 46016
Sun Valley Townhomes · Multifamily Property For Sale
·
80 Units
INVESTMENT HIGHLIGHTS
- Current rents are well below market and Max LIHTC rents
- Half of the property is designated to 50% AMI tenants, and half to 60% AMI tenants
- Spacious floorplans; garden and townhome style units with private entrances and porch
- Approximately half of the units are occupied by housing choice voucher tenants. Current voucher payments are less than standard voucher payments
- Well-situated near downtown Anderson and approximately 40 miles from Indianapolis
PROPERTY FACTS
| No. Units | 80 | Building Size | 120,408 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2004 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 10.52 AC | ||
| Zoning | R3 | ||
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 10.52 AC |
| Building Size | 120,408 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 2004 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
SITE AMENITIES
- Clubhouse
- Playground
- Property Manager on Site
- Package Service
- Storage Space
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $642.00 | 950 |
| 2+1.5 | 30 | $747.00 | 1,016 |
| 3+2.5 | 30 | $817.00 | 1,408 |
| 4+2 | 12 | $922.00 | 1,612 |
PROPERTY TAXES
| Parcel Number | 48-11-24-202-006.000-003 | Improvements Assessment | $3,354,000 |
| Land Assessment | $631,200 | Total Assessment | $3,985,200 |
PROPERTY TAXES
Parcel Number
48-11-24-202-006.000-003
Land Assessment
$631,200
Improvements Assessment
$3,354,000
Total Assessment
$3,985,200
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