117 S Broadway St - Apartments FOR SALE


Butler, IN 46721
$785,000 USD
260-407-7115
117 S Broadway St, Butler, IN for Sale
$785,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

117 S Broadway St
Butler, IN 46721


HIGHLIGHTS

  • 18 Apartments
  • Recently Renovated
  • Formerly used as exclusive housing for local manufacturing company
  • Potential NOI $140,000 (When 88% Leased)

OVERVIEW

Discover a fantastic investment opportunity with this recently renovated, 14,238 square-foot, three-floor multi-tenant apartment building in Butler, IN. It has a potential net income of $140,000, when building becomes 88% leased. FOR MORE DETAILED INFORMATION, AND TO VIEW ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

18

PRICE/UNIT

$43,611

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

117 S Broadway Street - Butler IN

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

GB

APN/PARCEL ID

17-07-12-101-005.000-027

ASK ABOUT THIS PROPERTY

Karl BehrensBND Commercial Real EstateMore Info
260-407-7115

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Karl BehrensBND Commercial Real EstateMore Info
260-407-7115

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