Available For Sale - Multifamily

131,290 SF | Show Pricing $

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LISTED BY

David Maling
Avison Young, 213-618-3825
Chris Maling
Avison Young, 213-618-3824
Ben Margalski
Marcus & Millichap, 314-889-2557
Aaron Kuroiwa
Marcus & Millichap, 317-218-5330

AVAILABILITY DETAILS

Size
131,290 SF
Price/SF
Show Pricing $
Listing ID
SA521938
Notes
Investment Highlights:

• 18 multi-family buildings with a cumulative ±131,290 SF of residential space, on ±6.07 AC of land

• Property features 144 units, each of them is two (2) bed and one (1) bath

• Low Price Per Foot at only $41,500 per unit, Proforma Cap Rate with 10% vacancy is 9.84%

• Abundant parking

• Property is located within one (1) mile of national credit tenants including Circle K, McDonald’s, Burger King, CVS, Dollar Tree and more

• Close proximity to Interstate 270 and Highway 367



Summary

Price Per Unit: $41,597

# of Units: 144

Building Size: ±131,290 SF

Lot Size: ±6.07 Acres

Zoning: R6

Proforma Cap Rate: 9.84%
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
David Maling, Avison Young