Remarks

Great opportunity to own 20 units with easy commuter access to I-84. Property is in excellent condition, many structural improvements done over time. Current owners have managed premises for 30 years. The 2025 cap rate is about 7% at the asking price of $140k per unit. Full rent rolls, income and expenses, and recent independent appraisal available upon request. Each unit has electric heat with own meter, wall AC units, personal basement storage space and common laundry facilities.

Details

MLS#: 818971
Price: $2,800,000

Style: Multi Family
Bedrooms: 20
Sq Ft: 10730
Year Built: 1975

County: Putnam County
Tax Fee: 32806.73

School Elementary: Contact Agent
School Middle: George Fischer Middle School
School High: Carmel High School
School District: Carmel