10 Unit Apartment Complex
Location:
United States
->
Indiana
->
Indianapolis
Industry: Real Estate > Other Real Estate
Business Summary
Property Description:
10 Row Style apts.
10 garages (rented separately)
2 bed / 1 bath 5 units completely updated and rented
4 units need minor rehab and 1 needs full rehab ($30k will do it)
Cement block construction
Tenants pay electric (4 units all electric)
Owner pays gas & electric ($750/month
Units rent for $550-$565/month
Garages rent for $50
Located at 16th & Arlington
Great location close to everything
Asking $290k
Make an offer today on this Apartment Complex for sale!
Location Description: 6050 E 16th St Indianapolis in 46219 send me all offers to my email asap going to the highest bidder 317-474-2016. 6050 E 16th St (google map) (yahoo map). Elia Santiago.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$60,000
Cash Flow:
$35,000
Cash Flow Type: EBITDA
Inventory: $350,000
Seller Financing: Yes
About The Business
Year Established: 1961
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: owner retired
Photos
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Click on the "I'm Interested" button above for more information on this Real Estate > Other Real Estate business for sale.
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Print Listing Id: 700102962
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