38 Unit Multi-Family Portfolio for sale!

[Jared Saunders]

Located in Grant County Indiana 

12 separate buildings. Over 215k Capital has already been invested into CapEx of these buildings. A total of 15 of the 38 being cosmetically updated as well as other common CapEX items like new roofs, windows, HVAC, Siding, etc. There are currently another 12 units that are under rented which would be $2,000 in added revenue monthly bringing the total income to roughly 24k per month.

This Portfolio consist of 6 Tri-Plex, 3 Five-Plex, 2 Duplex, and one single family house. 

37 of the 38 units are currently rented with the 38th being under renovation to the studs. The NOI and financial information is based on only the units that are currently and have been rented.

We are selling at a 10.6% cap rate asking price of $1,250,000 with a yearly NOI currently of $130,000

Contact Jared Saunders at (847)626-5783