100 Lee St - Apartments FOR SALE


Shirley, IN 47384
$650,000 USD
260-414-3852
100 Lee St, Shirley, IN for Sale
$650,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

100 Lee St
Shirley, IN 47384


HIGHLIGHTS

  • Recent Renovations
  • Day-One Cash Flow
  • In-Unit Washer/Dryer

OVERVIEW

Presenting an exceptional opportunity for multifamily investors, this property boasts 5 duplexes, each with a single-car garage, offering an attractive investment potential. Originally built in 1991 and recently partially renovated in2024, the property exudes peaceful appeal in a well-established setting. Zoned as a PUD, it benefits from a tranquil location in the quaint Shirley area, within the Anderson MSA, ensuring access to a strong rental market. This property represents a solid investment with immediate income-generating potential. Embrace the opportunity to expand your investment portfolio with this property in an undersupplied location.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

10

PRICE/UNIT

$65,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shirley Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

PUD

APN/PARCEL ID

33-10-25-330-328.000-010

ASK ABOUT THIS PROPERTY

Ian StroudSVN | Parke Group, LLCMore Info
260-414-3852

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Ian StroudSVN | Parke Group, LLCMore Info
260-414-3852

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