Apartment Buildings /IN /Lawrence County /Bedford /624 Riley Blvd
Apartment Buildings /IN /Lawrence County /Bedford /624 Riley Blvd

624 Riley Blvd - Apartments FOR SALE


Bedford, IN 47421 | 
$1,850,000 USD
317-728-8854
624 Riley Blvd, Bedford, IN for Sale
$1,850,000 USD
Apartments - FOR SALE
1/11
null | 7.57% Cap Rate
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624 Riley Blvd
Bedford, IN 47421

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HIGHLIGHTS

  • Light Value-add with Washer/Dryer hookups
  • 7.57% going-in cap rate
  • Late 1980s construction
  • All duplex units, separate exterior entrances
  • 8 Water Heaters replaced in last 2 years
  • 10 A/C units have been replaced in last 2 years

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

13

PRICE/UNIT

$142,308

CAP RATE

7.57%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

14

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

R3

APN/PARCEL ID

47-06-12-300-067.000-010,47-06-12-300-077.000-010,47-06-12-300-078.000-010,47-06-12-300-085.000-010,47-06-12-300-086.000-010,47-06-12-300-087.000-010

ASK ABOUT THIS PROPERTY

Aaron KuroiwaMarcus & MillichapMore Info
317-728-8854

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Aaron KuroiwaMarcus & MillichapMore Info
317-728-8854

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

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