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The Hawks 303 River Race Dr 19 Unit Apartment Building $4,787,440 CAD ($251,971 CAD/Unit) 6.75% Cap Rate Goshen, IN 46526



Investment Highlights
- 2021 Adaptive Reuse Renovation
- 2-4% Rent Growth Annually over the Past Several Years
- Excellent Downtown Goshen Location
Property Facts
| Price | $4,787,440 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $251,971 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.81 AC |
| Cap Rate | 6.75% | Building Size | 19,000 SF |
| Gross Rent Multiplier | 8.78 | No. Stories | 3 |
| No. Units | 19 | Year Built/Renovated | 1950/2021 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | ZO01 | ||
| Price | $4,787,440 CAD |
| Price Per Unit | $251,971 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Gross Rent Multiplier | 8.78 |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.81 AC |
| Building Size | 19,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2021 |
| Opportunity Zone |
Yes |
| Zoning | ZO01 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-11-09-451-004.000-015 | Improvements Assessment | $2,227,664 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,227,664 CAD |
Property Taxes
Parcel Number
20-11-09-451-004.000-015
Land Assessment
$0 CAD
Improvements Assessment
$2,227,664 CAD
Total Assessment
$2,227,664 CAD
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Videos
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Photos
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Street
Map
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The Hawks | 303 River Race Dr
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