Se Connecter/S’inscrire
Votre courriel a été envoyé.
Atlas Apartments 401 N 10th St 67 Unité Immeuble d’appartements 6 001 800 $ CAD (89 579 $ CAD/Unité) 7,98% Taux de capitalisation Richmond, IN 47374
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Fully Redeveloped Loft-Style Building in Richmond, IN with Updated Wiring, Roof, Windows, and Plumbing
- Richmond YoY Rent Growth 4.2% - Market Vacancy 4.4%
- Offered at an Attractive Basis of $65K/ Unit – In Place Cap 7.98%
- Value-Add Opportunity via Renovation Upgrades on Remaining 40% of the Units
Résumé de l'annonce
Marcus & Millichap is pleased to present Atlas Apartments, a 67-unit apartments community located in Richmond, IN. Originally built in 1910, the property underwent full and complete renovation in 2000. Atlas Apartments differentiate from competing properties in the market through its unique floor plans, 12-foot ceiling loft-style units, and modern finishes with classic charm. Atlas also provides various tenant accommodations including onsite laundry facilities, a courtyard, a study lounge, and controlled building access.
Deal Room & OM https://www.marcusmillichap.com/properties/302475/atlas-apartments
Atlas Apartments is well positioned in the market to experience strong growth and long-term stability. The property’s recent renovation mitigates risk for large-ticket, capital improvement needs in the near term. The property has experienced significant upgrades including Pex & PVC plumbing, New TPO rubber membrane roof in 2023, all electrical wiring upgraded to copper, and all windows replaced with double pane Low-E vinyl frames.
Located in Richmond, IN Atlas benefits from immediate access to Hwy I-70 which provides a seamless commute of less than 1 hour to Indianapolis and Dayton, OH. Wayne County’s regional connectivity makes it a hub for logistics, manufacturing, and cross-state workforce migration. The Reid Healthcare system is the dominate employer in the region employing nearly 3,000 residents, while other major employers are primarily in the manufacturing business. Given the demand for workforce housing in Richmond, vacancy rates remain tight with market vacancy at 4.4 percent and YoY Q1 2026 market rent growth at an impressive 4.2 percent (Costar.) Forecasted YoY rent growth for Q2 2026 is projected at 4.8 percent.
Deal Room & OM https://www.marcusmillichap.com/properties/302475/atlas-apartments
Atlas Apartments is well positioned in the market to experience strong growth and long-term stability. The property’s recent renovation mitigates risk for large-ticket, capital improvement needs in the near term. The property has experienced significant upgrades including Pex & PVC plumbing, New TPO rubber membrane roof in 2023, all electrical wiring upgraded to copper, and all windows replaced with double pane Low-E vinyl frames.
Located in Richmond, IN Atlas benefits from immediate access to Hwy I-70 which provides a seamless commute of less than 1 hour to Indianapolis and Dayton, OH. Wayne County’s regional connectivity makes it a hub for logistics, manufacturing, and cross-state workforce migration. The Reid Healthcare system is the dominate employer in the region employing nearly 3,000 residents, while other major employers are primarily in the manufacturing business. Given the demand for workforce housing in Richmond, vacancy rates remain tight with market vacancy at 4.4 percent and YoY Q1 2026 market rent growth at an impressive 4.2 percent (Costar.) Forecasted YoY rent growth for Q2 2026 is projected at 4.8 percent.
Faits sur la propriété
| Prix | 6 001 800 $ CAD | Classe d’immeuble | C |
| Prix par unité | 89 579 $ CAD | Taille du lot | 1,21 AC |
| Type de vente | Investissement | Taille du bâtiment | 49 725 pi² |
| Taux de capitalisation | 7,98% | Nombre d’étages | 4 |
| Nombre d’unités | 67 | Année de construction/rénovation | 1910/2023 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 0,45/1 000 pi² |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De hauteur moyenne | ||
| Zonage | M-2 - Multifamilial | ||
| Prix | 6 001 800 $ CAD |
| Prix par unité | 89 579 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,98% |
| Nombre d’unités | 67 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 1,21 AC |
| Taille du bâtiment | 49 725 pi² |
| Nombre d’étages | 4 |
| Année de construction/rénovation | 1910/2023 |
| Ratio de stationnement | 0,45/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | M-2 - Multifamilial |
Commodités
Commodités des unités
- Climatisation
- Prêt pour le câble
- Traitement des déchets
- Micro-ondes
- Ventilateurs de plafond
- Accès Internet à haute vitesse
- Réfrigérateur
- Télévision satellite
- Fourchette
- Bain/Douche
- Tapis
Commodités du site
- Centre d’affaires
- Accès contrôlé
- Centre de conditionnement physique
- Installations de lessive
- Service de lavage de vêtements
- Ascenseur
- Services en ligne
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 60 | 964,70 $ CAD | 715 |
| 2+1 | 7 | 1 103 $ CAD | 920 |
1 1
Assez accessible à pied
50/100
Moyennement adapté aux voitures
70/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 292 949 $ CAD | |
| Évaluation du terrain | 95 367 $ CAD | Évaluation totale | 2 388 317 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
95 367 $ CAD
Évaluation des bâtiments
2 292 949 $ CAD
Évaluation totale
2 388 317 $ CAD
1 de 17
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Atlas Apartments | 401 N 10th St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.