2271 S Cost a Plenty Rd - Apartments FOR SALE


Warsaw, IN 46580
$485,000 USD
260-302-5434
2271 S Cost a Plenty Rd, Warsaw, IN for Sale
$485,000 USD
Apartments - FOR SALE
1/25
null | 8.79% Cap Rate

2271 S Cost a Plenty Rd
Warsaw, IN 46580


HIGHLIGHTS

  • College Nearby
  • Lake Community and Activities Nearby
  • Fully Renovated

OVERVIEW

Fully Renovated in 2022. Upstairs is 2 matching 3 bedroom apartments with laundry in-unit and balconies overlooking the pond. Main floor is 2 matching 2 bedroom apartments with walk-out patios. 3 Bedroom units are gas forced air HVAC and lower 2 bedroom apartments are new dual-head mini splits. Well and septic that are both in great shape. This is close to nearby Grace College and the Winona Lake community. Electric and Gas all metered separately. Only selling to help fund an upcoming development project.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

4

PRICE/UNIT

$121,250

CAP RATE

8.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warsaw Purpose Built 4-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RESID

APN/PARCEL ID

43-11-26-100-163.000-031

ASK ABOUT THIS PROPERTY

Austin ShrockCopper Ridge Rentals LLCMore Info
260-302-5434

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Austin ShrockCopper Ridge Rentals LLCMore Info
260-302-5434

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