317-650-0013
3001 W Cart Rd, Richmond, IN for Sale
Apartments - FOR SALE
1/15
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3001 W Cart Rd
Richmond, IN 47374


HIGHLIGHTS

  • Walkable to IU East & Ivy Tech; Close Drive to Purdue Polytechnic & Earlham College
  • 8.2% In-place Cap Rate
  • 95% Occupied
  • Only Dedicated Student Housing Property in the Market
  • Offers furnished units, roommate matching, and configured bedroom layouts tailored to the student lifestyle
  • Upside via potential conversion of 4-bed/2-bath units into 2-bed/2-bath units

FOR SALE DETAILS

PRICE

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# OF UNITS

66

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Richmond Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.05 AC

LAND SF

176,418 SF

ZONING

ZO01

APN/PARCEL ID

89-16-21-000-107.010-030

ASK ABOUT THIS PROPERTY

Cameron BenzCBREMore Info
317-650-0013

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Cameron BenzCBREMore Info
317-650-0013

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