$7,900,000 USD
765-742-1400
615 Ferry St
Lafayette, IN 47901
Downtown Lafayette
HIGHLIGHTS
- Convenient Downtown Lafayette location near Purdue, trolley to campus, downtown restaurants/coffee/tea/shopping
- Property was previously home to Lafayette Journal & Courier newspaper. Multifamily Units have been over 90% leased since 2018 renovation
- Open plan with high ceilings, original terazo and other original building finishes and features
FOR SALE DETAILS
PRICE
$7,900,000 USD
PRICE/SF
$261 USD /SF
# OF UNITS
54
PRICE/UNIT
$146,296
CAP RATE
Request Cap Rate
% LEASED
98%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Press
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1960
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
Central Business (CB)
APN/PARCEL ID
79-07-20-476-010.000-004,79-07-20-476-011.000-004,79-07-20-479-006.000-004,79-07-20-479-007.000-004,79-07-20-479-008.000-004
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765-742-1400
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765-742-1400
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