9125-9129 Auburn Dr - Apartments FOR SALE


Indianapolis, IN 46229- East Warren
$525,000 USD
317-771-5494
9125-9129 Auburn Dr, Indianapolis, IN for Sale
$525,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

9125-9129 Auburn Dr
Indianapolis, IN 46229
East Warren


HIGHLIGHTS

  • Well-maintained two 4 Units
  • Steps from Warren Highschool
  • 100% Occupied
  • Value-add opportunity

OVERVIEW

Prime investment opportunity featuring two well maintained four unit buildings. With plenty of room for value add improvements, savvy investors can drive demand and increase returns. Whether you're expanding your Indianapolis portfolio or securing your first investment, these 8 units are ideal for self managing with room to increase rents. Additionally, there is a large bonus garage, perfect for equipment storage or for creating an additional revenue stream as storage units or adding in-house laundry.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

8

PRICE/UNIT

$65,625

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9125-9129 Auburn Dr. Indianapolis

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

D2

APN/PARCEL ID

49-08-32-116-057.000-700

ASK ABOUT THIS PROPERTY

Joshua HoeftSVN | Northern CommercialMore Info
317-771-5494

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Joshua HoeftSVN | Northern CommercialMore Info
317-771-5494

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