9860 W Smith St - Apartments FOR SALE


Yorktown, IN 47396
$30,400,000 USD
260-452-7525
9860 W Smith St, Yorktown, IN for Sale
$30,400,000 USD
Apartments - FOR SALE
1/21
null | 6.3% Cap Rate

9860 W Smith St
Yorktown, IN 47396


HIGHLIGHTS

  • Brand new Class A apartment community
  • Modern finishes, upscale amenities, low maintenance
  • Proximity to key employment hubs and commercial centers
  • Immediate upside in lease-up stabilization
  • Prime market location with growing demand for high-quality rental housing

OVERVIEW

Introducing a prime investment opportunity in Yorktown, IN: a brand new Class A apartment community. This state-of-the-art property features modern ?nishes and upscale amenities, offering a low-maintenance investment opportunity for savvy investors. With 142 units spread across a 139,596 SF building, there's immediate upside potential in lease-up stabilization. The property, zoned M-2 for Medium Density Multifamily Residential 5-16 Unit Apartments, boasts a 16% occupancy and was built in 2025. Its prime market location and proximity to key employment hubs and commercial centers make it an ideal choice for investors looking for a growing demand for high-quality rental housing.

FOR SALE DETAILS

PRICE

$30,400,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

142

PRICE/UNIT

$214,085

CAP RATE

6.3%

% LEASED

28%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Daugherty Preserve

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

31.72 AC

LAND SF

1,381,824 SF

ZONING

-

APN/PARCEL ID

18-10-21-276-008.000-017

ASK ABOUT THIS PROPERTY

James JamicichXplor Commercial Real Estate Corp.More Info
260-452-7525

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James JamicichXplor Commercial Real Estate Corp.More Info
260-452-7525

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