24 Unit Apartment Building Lafayette, Indiana

[Courtney Waldon]

A fantastic 24 unit apartment complex less than 10 minutes from Purdue University in Lafayette, IN. Built in 2000. Strong occupancy numbers with under market rents (10-15% below market). Great opportunity for a value add in rental increases. All 2 bed/1 bath and 3 bed/1 bath units. Large floorplans (1,000 SF for 2 bed, 1,200 SF for 3 bed). Expenses are able to be kept lower due to limited common area. Tenants pay own electric and water utility reimbursement. Recently upgraded units limits necessary maintenance per door. Tippecanoe County is the fastest growing county in Indiana. 

Contact me with any questions! Rent roll and P&L available upon request.