Apartment Buildings /IN /Marshall County /Plymouth /119 E Lake Ave
Apartment Buildings /IN /Marshall County /Plymouth /119 E Lake Ave

119 E Lake Ave - Apartments FOR SALE


Plymouth, IN 46563 | 
$5,450,000 USD
312-327-5455
119 E Lake Ave, Plymouth, IN for Sale
$5,450,000 USD
Apartments - FOR SALE
1/20
null | 7.08% Cap Rate
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119 E Lake Ave
Plymouth, IN 46563

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HIGHLIGHTS

  • 2019 Construction
  • Spacious One, Two, and Three-Bedroom Units
  • Best in Market Amenities: Private Balconies, and In-Unit Laundry
  • 7%+ Cap Rate Day 1 with Significant Upside Through Operational Efficiencies and Maximizing Rents Supported by Comps

FOR SALE DETAILS

PRICE

$5,450,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

40

PRICE/UNIT

$136,250

CAP RATE

7.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Gate South

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

-

APN/PARCEL ID

50-32-93-104-259.001-019

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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Kyle StengleMarcus & MillichapMore Info
312-327-5455

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

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