7606 N Roanoke Rd - Apartments FOR SALE


Huntington, IN 46750
$579,900 USD
260-498-0384
7606 N Roanoke Rd, Huntington, IN for Sale
$579,900 USD
Apartments - FOR SALE
1/198
null | Request Cap Rate

7606 N Roanoke Rd
Huntington, IN 46750


HIGHLIGHTS

  • Development Potential
  • Unique Property

OVERVIEW

Secure your future with this well-maintained, partially occupied portfolio with significant room for growth and development possibilities on its sprawling4.88 acres! Generate income from 8 apartments plus a separate 3-bed/2-bath modular home. Recent upgrades include new coin-operated laundry, water heaters,commercial water softener, well, exterior lighting, plus all new plumbing, electrical, 2 new furnaces & HVAC systems. Many units have been renovated including LVPflooring, updated cabinets, kitchen appliances, dishwashers (in select units), and fresh paint. The property also includes two detached garages for storage or additionalparking options and added income. With easy access to nearby parks, walking trails at Camp Timber Lake, and the Two-EEs Winery, this property is prime forexpanding the existing complex or utilizing the land for further income generation (subject to zoning approval). Don't miss this opportunity to own a well-establishedincome property with significant upside potential in Huntington County. See additional photos & floor plans here: https://arthomephoto.aryeo.com/sites/beepngw/unbranded

FOR SALE DETAILS

PRICE

$579,900 USD

PRICE/SF

$116 USD /SF

# OF UNITS

10

PRICE/UNIT

$57,990

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.88 AC

LAND SF

212,573 SF

ZONING

-

APN/PARCEL ID

35-01-27-100-024.500-006

ASK ABOUT THIS PROPERTY

Jordan WildmaneXp RealtyMore Info
260-498-0384

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

Jordan WildmaneXp RealtyMore Info
260-498-0384

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