5 E Plum St - Apartments FOR SALE


Chesterfield, IN 46017
$2,700,000 USD
219-805-5200
5 E Plum St, Chesterfield, IN for Sale
$2,700,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

5 E Plum St
Chesterfield, IN 46017


OVERVIEW

Ellsbury Group is pleased to present Plumwood Apartments, a 39-unit community in Chesterfield, Indiana, consisting of 4 two-bedroom units, 26 one-bedroom units, and 9 studios. The property spans six single-story buildings and offers residents efficient layouts with an average unit size of 546 sq. ft. Strong day-one income is supported by tenant-paid electric utilities and a well-balanced unit mix. Recent roof replacements enhance durability, while rent growth and operational efficiencies provide meaningful upside potential.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$127 USD /SF

# OF UNITS

39

PRICE/UNIT

$69,231

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plumwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,751 SF

ZONING

-

APN/PARCEL ID

48-12-10-700-002.000-035

ASK ABOUT THIS PROPERTY

Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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Tariq SubohEllsbury Commercial GroupMore Info
219-805-5200

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