1116 119th St - Apartments FOR SALE


Whiting, IN 46394
$550,000 USD
219-836-4740
1116 119th St, Whiting, IN for Sale
$550,000 USD
Apartments - FOR SALE
1/3
null | 5.56% Cap Rate

1116 119th St
Whiting, IN 46394


HIGHLIGHTS

  • Below Market Rents!
  • Vacant Retail Unit - Owner/User Opportunity!
  • Close to Downtown Whiting!

OVERVIEW

Great opportunity to own a 9-unit mixed-use apartment building near Downtown Whiting. Great upside with Below-Market Rents. Main floor retail space is vacant and could be ideal for Owner/User. Landlord pays Water, Garbage, Insurance. Heat supplied by Boiler for 6-apartments (Landlord pays). All unit are metered separately for electric (Tenants pay). Full basement.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

9

PRICE/UNIT

$61,111

CAP RATE

5.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,048 SF

ZONING

-

APN/PARCEL ID

45-03-07-179-004.000-023

ASK ABOUT THIS PROPERTY

Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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

Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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