2320 E 12th St - Apartments FOR SALE
Indianapolis, IN 46201 |
2320 E 12th St
Indianapolis, IN 46201
HIGHLIGHTS
- Sought after B+ class area
- Signifigant upside in rents after improvements and repositioning. Ripe for a condo conversion or upgrade the building to B class units!
- Area cap rate 6.5-7.5%!
- Area average home sales of this size in the $650Ks; promforma value after rehab $700K + based on a 7% cap rate.
- Windsor Park neighbourhood walking distance to trendy Brookside Ave and 10th St Amenities, Pogues Run green space.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
2320 E 12th St.
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5580
STORIES
3
YEAR BUILT
1910
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
49-07-31-108-036.000-101
