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5 Units Brownsville Apartments 103 S Main St 5 Unit Apartment Building $449,463 CAD ($89,893 CAD/Unit) 9% Cap Rate Brownsville, IN 47325
INVESTMENT HIGHLIGHTS
- Long time tenants
- Stable revenue
- Neighborhood parks and trails
EXECUTIVE SUMMARY
Available for sale at a competitive cap rate is a 5 unit apartment building in quiet Brownsville, IN. This stable income producing investment property is 100% occupied with new tenants willing to renew their lease while other tenants have been there 3-8 years. There is upside potential that just needs an investor to take advantage of the opportunity. For more information on financials and revenue, please reach out!
*Available opportunity to include fully occupied duplex with additional consideration.
[disclaimer: Listing agent discloses ownership interest in said property]
*Available opportunity to include fully occupied duplex with additional consideration.
[disclaimer: Listing agent discloses ownership interest in said property]
PROPERTY FACTS
| Price | $449,463 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $89,893 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| Cap Rate | 9% | Building Size | 5,000 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1972/2012 |
| Price | $449,463 CAD |
| Price Per Unit | $89,893 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2012 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | 750 |
1 1
PROPERTY TAXES
| Parcel Number | 81-06-18-103-003.073-001 | Improvements Assessment | $106,124 CAD |
| Land Assessment | $11,932 CAD | Total Assessment | $118,056 CAD |
PROPERTY TAXES
Parcel Number
81-06-18-103-003.073-001
Land Assessment
$11,932 CAD
Improvements Assessment
$106,124 CAD
Total Assessment
$118,056 CAD
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5 Units Brownsville Apartments | 103 S Main St
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