Catylist ID:
#30871278
18 Unit Southern Indiana Multifamily Opportunity
Multi-Family
for Sale
| Catylist Listing ID: | 30871278 |
| Property Subtypes: | Low-Rise/Garden |
| Number of Units: | 18 Units |
| Building Size (RSF): | 160,000 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,645,000 |
| Unit Price: | $91,388.89 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/18/2024 |
Overview / Comments
|
This 18 unit multifamily opportunity is located in an infill residential area of Clarksville Indiana. It is located in a private setting at the end of a mature residential area and is in close proximity to a strong commercial trade area and the I-65 interchange. The property is professionally managed and caters to a high demand tenant base. It contains a convenient mixture of studios, 2 BR and 3 BR units; most units are two story townhouse style. All units are separately metered for gas and electric. Several apartments have undergone significant renovation. A large garage is on site with a former apartment above that could be explored to add as a 19th unit. >> 18 units- 13 2BR/1.5BA; 4 studios; 1 3BR/1.5BA >> Separate gas and electric >> Stable single family street near commercial area |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Clark |
| Tax ID/APN: | 101400800195000012 |
| Zoning: | R3 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,424 | 97,187 | 244,899 |
| Median Age: | 37.07 | 36.89 | 37.17 |
| Households: | 3,664 | 40,751 | 105,612 |
Contact
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