701-709 Etzler Dr - Apartments FOR SALE


Salem, IN 47167
$2,100,000 USD
859-699-2096
701-709 Etzler Dr, Salem, IN for Sale
$2,100,000 USD
Apartments - FOR SALE
1/3
null | 6.94% Cap Rate

701-709 Etzler Dr
Salem, IN 47167


HIGHLIGHTS

  • Matthews Real Estate Investment Services™ is pleased to offer Country Pines, an offering of 28 units in Salem, IN.
  • Unit Mix: (8) 2 BR / 1.5 BA (15) 2 BR / 1 BA (4) 2 BR /1 BA with Garage (1) 3 BR / 1 Ba
  • Provides investors with a value-add opportunity, with market support for an additional rent push.
  • Located off Jackson St, walking distance from Dunkin’ Donuts and .5 miles from Main St retail corridor.
  • includes: McDonald’s, Walgreens, Tractor Supply, Ford, Ram, KFC, Wendy’s, Domino’s, and Anytime Fitness.
  • Close Proximity: Country Pines is located with convenient access to Interstates I-65, I-64 and I-69 route.

OVERVIEW

Kyle Matthews License No. RC52200195 (IN) (866) 889-0550 Matthews Real Estate 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

28

PRICE/UNIT

$75,000

CAP RATE

6.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

72

LAND DETAILS

LAND ACRES

2.89 AC

LAND SF

125,888 SF

ZONING

Commercial

APN/PARCEL ID

88-24-21-222-015.000-022

ASK ABOUT THIS PROPERTY

Tim VanWingerdenMatthews Real Estate Investment ServicesMore Info
859-699-2096

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Tim VanWingerdenMatthews Real Estate Investment ServicesMore Info
859-699-2096

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