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624 Riley Blvd
Bedford, IN 47421
Multifamily Property For Sale
·
26 Units


Investment Highlights
- Light Value-add with Washer/Dryer hookups
- Late 1980s construction
- 8 Water Heaters replaced in last 2 years
- 7.9% going-in cap rate
- All duplex units, separate exterior entrances
- 10 A/C units have been replaced in last 2 years
Property Facts
| Price Per Unit | $93,928 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.00 AC |
| Cap Rate | 7.90% | Building Size | 18,896 SF |
| No. Units | 26 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 2.75/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R3 - Residential | ||
| Price Per Unit | $93,928 CAD |
| Sale Type | Investment |
| Cap Rate | 7.90% |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 18,896 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 2.75/1,000 SF |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Cable Ready
- Disposal
- Washer/Dryer Hookup
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 26 | - | 725 - 875 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,083,893 CAD | |
| Land Assessment | $91,271 CAD | Total Assessment | $1,175,164 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$91,271 CAD
Improvements Assessment
$1,083,893 CAD
Total Assessment
$1,175,164 CAD
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