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9620 Farmer Dr
Highland, IN 46322
Farmer Drive Apartments · Multifamily Property For Sale
·
29 Units
Investment Highlights
- 29 Apartments Including 26 Two-bedroom & 3 One-bedroom Units
- Strong Highland Rental Demand
- Indiana Tax Advantages and Landlord-Favorable Laws
- 30 Minutes to Chicago via I-80/94 and U.S. 41
- Steps from Erie Lackawanna Trail, restaurants, retail, and parks
- Immediate Rent Growth and Renovation Upside
Property Facts
| No. Units | 29 | Building Size | 30,828 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Hi-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.84/1,000 SF |
| Lot Size | 1.26 AC | ||
| Zoning | 4-19 Family Apartments | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 30,828 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | 4-19 Family Apartments |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 832 |
| 2+1 | 26 | - | 960 - 1,000 |
Property Taxes
| Parcel Number | 45-07-27-376-001.000-026 | Improvements Assessment | $1,686,000 |
| Land Assessment | $190,200 | Total Assessment | $1,876,200 |
Property Taxes
Parcel Number
45-07-27-376-001.000-026
Land Assessment
$190,200
Improvements Assessment
$1,686,000
Total Assessment
$1,876,200
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