1010-1028 S 14th St - Apartments FOR SALE


New Castle, IN 47362
$1,799,000 USD
647-740-3348
1010-1028 S 14th St, New Castle, IN for Sale
$1,799,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1010-1028 S 14th St
New Castle, IN 47362


HIGHLIGHTS

  • 24 Unit Building
  • Updates available
  • Mixed unit size from Studio, 1BR, 2BR, & 3BR
  • Close proximity to Indianapolis
  • Tenant Parking

OVERVIEW

Multifamily 24 Unit Apartment Building now available! This multifamily investment opportunity is located in New Castle, IN 37 miles east of Indianapolis, IN. If you have been looking to purchase your first new apartment building, then this is it. 26 parking spots, 2 story brick building, updated units, and consists of mixed size units from 1 beds, 2 beds, and 3 bedrooms. This asset is under a 1031 exchange. All offers must be accompanied with POF and lender pre-approval.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

24

PRICE/UNIT

$74,958

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highland Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

RM

APN/PARCEL ID

33-12-15-420-329.000-016

ASK ABOUT THIS PROPERTY

Juan VillarrealVillar Real Estate AdvisorsMore Info
647-740-3348

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Juan VillarrealVillar Real Estate AdvisorsMore Info
647-740-3348

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