We are pleased to present this 14-unit multifamily asset ideally located in downtown Terre Haute, Indiana. The property offers an attractive
unit mix with twelve spacious 2-bedroom, 1-bath units and two efficient studio apartments—well-suited for small families, students, and
roommates.
Each unit features individual furnaces and air conditioning systems, and the building is fully electric, simplifying utility management.
Approximately half of the furnaces, AC units, and water heaters have been recently updated, reducing near-term capital expenditure
needs.
This property presents a strong value-add opportunity through targeted CapEx improvements, as well as upside potential by stabilizing
occupancy and eliminating loss-to-lease.
With its prime location and operational upside, 820 Poplar Street is well-positioned for investors seeking long-term growth in a rising
Indiana market.