Apartment Buildings /IN /Grant County /Marion /1005 N Park Forest Dr
Apartment Buildings /IN /Grant County /Marion /1005 N Park Forest Dr

1005 N Park Forest Dr - Apartments FOR SALE


Marion, IN 46952 | 
$5,325,000 USD
312-327-5455
1005 N Park Forest Dr, Marion, IN for Sale
$5,325,000 USD
Apartments - FOR SALE
1/26
null | 7.65% Cap Rate
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1005 N Park Forest Dr
Marion, IN 46952

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HIGHLIGHTS

  • Immediate Cash Flow with Upside
  • Significant Recent Improvements
  • Major Employers in the Area Include the General Motors (GM) Metal Stamping Plant

FOR SALE DETAILS

PRICE

$5,325,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

64

PRICE/UNIT

$83,203

CAP RATE

7.65%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Forest Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

64

LAND DETAILS

LAND ACRES

4.44 AC

LAND SF

193,406 SF

ZONING

R07

APN/PARCEL ID

27-03-36-103-037.000-023

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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Kyle StengleMarcus & MillichapMore Info
312-327-5455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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