• Broker Aaron Kuroiwa 3172185330
  • Broker Jack Friskney 3172185347

KDC Portfolio 4 Multifamily Properties Offered at $7,795,000 in Multiple Locations

View Photo

INVESTMENT HIGHLIGHTS

  • Offered at an approximate 50% discount to replacement cost on a price per square foot basis
  • Approximately 20.6% rental upside with low capital investment required
  • Highest quality housing in supply constrained markets
  • $1.8M of economic incentives and grants to develop an additional 48 units at Rushville Villas

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

PROPERTY FACTS

Price $7,795,000
Price / SF $85.09 / SF
Cap Rate 6.37%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 91,613 SF
Total Land Area 6.13 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Stone Run Villas
123 W Morgan St, Knightstown, IN 46148
Multifamily 30,000 SF 2022 -
701 W 16th St, Rushville, IN 46173 Multifamily 28,176 SF 2021 -
101 E Main St, Hartford City, IN 47348 Multifamily 16,557 SF 2019 -
624 E Main St, Spiceland, IN 47385 Multifamily 16,880 SF 2017 -
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LINKS

  • Deal Room

MAP

ADDITIONAL PHOTOS

View Photo Stone Run
View Photo Rushville Villas
View Photo Old Town
  • Listing ID: 35539917

  • Date on Market: 4/17/2025

  • Last Updated: 4/17/2025

  • Address: KDC Portfolio, Knightstown, IN

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