701-709 Etzler Dr - Apartments FOR SALE
Salem, IN 47167 |
$2,100,000 USD
859-699-2096
701-709 Etzler Dr
Salem, IN 47167
HIGHLIGHTS
- The units mix consists of (23) 2-bedroom apartment units, (4) 2-bedroom units with garage, and (1) 3-bedroom unit.
- Two-story, multifamily community includes spacious layouts, partially renovated units with standard bathrooms, upgraded kitchens.
- Provides investors with a value-add opportunity, with market support for an additional rent push.
- Located off Jackson St, walking distance from Dunkin’ Donuts and .5 miles from Main St retail corridor.
- includes: McDonald’s, Walgreens, Tractor Supply, Ford, Ram, KFC, Wendy’s, Domino’s, and Anytime Fitness.
- Close Proximity: Country Pines is located with convenient access to Interstates I-65, I-64 and I-69 route.
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$126 USD /SF
# OF UNITS
28
PRICE/UNIT
$75,000
CAP RATE
6.94%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1980
PARKING SPACES
72
LAND DETAILS
LAND ACRES
2.89 AC
LAND SF
125,888 SF
ZONING
Commercial
APN/PARCEL ID
88-24-21-222-015.000-022
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859-699-2096
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859-699-2096
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