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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.
Property Type(s):
Commercial
| Last Updated | 1/31/2025 | Year Built | 1975 |
|---|---|---|---|
| County | Putnam |
SCHOOLS
| Elementary School | Contact Agent |
|---|---|
| Jr. High School | George Fischer Middle School |
| High School | Carmel High School |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Storage Space, Walk-Out Access |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Electric |
| LOT | 8.2 acre(s) |
| PARKING | Common, Parking Lot |
| SEWER | Shared Septic |
| STORIES | 2 |
| TAXES | 32806.73 |
| UTILITIES | Cable Connected, Electricity Connected |
| WATER | Shared Well |
Location
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Listed with RE/MAX Town & Country
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The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Suburban Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed.
Date Last Updated: 1/31/25 2:43 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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