103 S Main St - Apartments FOR SALE


Brownsville, IN 47325
$324,900 USD
260-207-4838
103 S Main St, Brownsville, IN for Sale
$324,900 USD
Apartments - FOR SALE
1/4
null | 9% Cap Rate

103 S Main St
Brownsville, IN 47325


HIGHLIGHTS

  • Long time tenants
  • Neighborhood parks and trails
  • Stable revenue

OVERVIEW

Available for sale at a competitive cap rate is a 5 unit apartment building in quiet Brownsville, IN. This stable income producing investment property is 100% occupied with new tenants willing to renew their lease while other tenants have been there 3-8 years. There is upside potential that just needs an investor to take advantage of the opportunity. For more information on financials and revenue, please reach out! *Available opportunity to include fully occupied duplex with additional consideration. [disclaimer: Listing agent discloses ownership interest in said property]

FOR SALE DETAILS

PRICE

$324,900 USD

PRICE/SF

$65 USD /SF

# OF UNITS

5

PRICE/UNIT

$64,980

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Units Brownsville Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

-

APN/PARCEL ID

81-06-18-103-003.073-001

ASK ABOUT THIS PROPERTY

Diaa AlmalahieXp RealtyMore Info
260-207-4838

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

Diaa AlmalahieXp RealtyMore Info
260-207-4838

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