627 Walnut St - Apartments FOR SALE


Anderson, IN 46012
$2,200,000 USD
317-560-1323
627 Walnut St, Anderson, IN for Sale
$2,200,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

627 Walnut St
Anderson, IN 46012


HIGHLIGHTS

  • 15,113 SF building with 18 units in 7 buildings
  • Eight 1BR, Seven 2BR, Three 3BR
  • Zoned R-2 & R-4: Currently Student Housing
  • Located next to Anderson University
  • 1000 SF + Recreation Room & 2 additional vacant parcels; potential for an additional 5 units. 2 adjacent single-family home rentals are also available
  • Ample On-Site parking for residents

OVERVIEW

We are pleased to present The York Apartments in Anderson, IN for sale. This seven (7) building two (2) story complex houses a total of 18 units. The property can accommodate five (5) additional units. The properties are located on the southern end of Anderson University. These units are ready for occupancy and won’t require any updates for 3 -5 years. The units have outstanding curb appeal and have been very well maintained. Please contact Dan O’Neil to discuss this outstanding opportunity further.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$146 USD /SF

# OF UNITS

18

PRICE/UNIT

$122,222

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The York Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

R-2 & R-4

APN/PARCEL ID

48-12-07-304-150.000-003

ASK ABOUT THIS PROPERTY

Dan O'NeilBerkshire HathawayMore Info
317-560-1323

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Dan O'NeilBerkshire HathawayMore Info
317-560-1323

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