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810 SE 1st St 4 Unit Apartment Building $1,463,850 CAD ($365,962 CAD/Unit) 7.66% Cap Rate Evansville, IN 47713
INVESTMENT HIGHLIGHTS
- Fully furnished by Interior Design
- Prime location in Evansville's thriving downtown area
- Modern amenities with timeless appeal
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity in the heart of Evansville, IN.
This historic property, built in 1869, features a charming 3,905 SF building with 4
units, offering a unique blend of tradition and modern functionality. Renovated to
meet contemporary needs while retaining its timeless architectural character and
professionally furnished, this property presents a compelling proposition for office
building investors. Boasting a prime location in Evansville, this property is
positioned to capitalize on the area's economic growth and commercial
development. With its rich historical significance and versatile potential, this
property is a remarkable choice for investors seeking an office building with
enduring appeal.
This historic property, built in 1869, features a charming 3,905 SF building with 4
units, offering a unique blend of tradition and modern functionality. Renovated to
meet contemporary needs while retaining its timeless architectural character and
professionally furnished, this property presents a compelling proposition for office
building investors. Boasting a prime location in Evansville, this property is
positioned to capitalize on the area's economic growth and commercial
development. With its rich historical significance and versatile potential, this
property is a remarkable choice for investors seeking an office building with
enduring appeal.
PROPERTY FACTS
| Price | $1,463,850 CAD | Property Subtype | Apartment |
| Price Per Unit | $365,962 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 7.66% | Building Size | 5,241 SF |
| Gross Rent Multiplier | 11.41 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1868/2024 |
| Price | $1,463,850 CAD |
| Price Per Unit | $365,962 CAD |
| Sale Type | Investment |
| Cap Rate | 7.66% |
| Gross Rent Multiplier | 11.41 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Lot Size | 0.29 AC |
| Building Size | 5,241 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1868/2024 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 1 | $4,155 CAD | 2,169 |
| 1+1 | 2 | $2,562 CAD | 868 |
| 2+2 | 1 | $2,770 CAD | 1,336 |
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810 SE 1st St
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