390 S Jackson Park Dr - Apartments FOR SALE


Seymour, IN 47274
$3,850,000 USD
317-218-5355
390 S Jackson Park Dr, Seymour, IN for Sale
$3,850,000 USD
Apartments - FOR SALE
1/5
null | 7.45% Cap Rate

390 S Jackson Park Dr
Seymour, IN 47274


HIGHLIGHTS

  • Pro Forma 8.63% CAP rate and 13.61% Cash-on-Cash
  • 1.4% Submarket Vacancy – High Demand for Market Rate Housing
  • All Brick Exterior Built in 1990 with Uniform Floor Plans

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

50

PRICE/UNIT

$77,000

CAP RATE

7.45%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maple Springs

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

-

APN/PARCEL ID

36-66-17-401-004.000-009,36-66-17-401-004.001-009

ASK ABOUT THIS PROPERTY

Anthony RogersMarcus & MillichapMore Info
317-218-5355

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Anthony RogersMarcus & MillichapMore Info
317-218-5355

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