124 Unit Multifamily Sale (15 Buildings) Multi-Family FOR SALE


Indianapolis, IN - Near Eastside
$9,272,000 USD
317-771-5494
, Indianapolis, IN for Sale
$9,272,000 USD
Multi-Family - FOR SALE
1/14
null | 7.25% Cap Rate

124 Unit Multifamily Sale (15 Buildings)
Indianapolis, IN
Near Eastside


HIGHLIGHTS

  • Access to public transportation
  • Tenants pay rent weekly
  • New construction

OVERVIEW

SVN Northern Commercial is pleased to present an exceptional investment opportunity consisting of 15 multifamily SRO properties located in the growing city of Indianapolis. This portfolio consists of 124 SRO units with 59 of the units being new construction which was initiated in 2022 and the other 43 units being fully renovated in 2015. There are 10 units in lease-up currently. An additional newly developed 18 units can be purchased with this portfolio as well with a unit mix of 14 studios and 4 one-bedroom apartments. These properties offer an investor cash flow in a growing Midwest market. Extensive financials available upon request. Extensive photos available upon request.

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.