124 Unit Multifamily Sale (15 Buildings)
15 Multifamily Properties Offered at $13,370,224 CAD in Indianapolis, IN
INVESTMENT HIGHLIGHTS
- Access to public transportation
- New construction
- Tenants pay rent weekly
EXECUTIVE SUMMARY
SVN Northern Commercial is pleased to present an exceptional investment opportunity consisting of 15 multifamily SRO properties located in the growing city of Indianapolis. This portfolio consists of 124 SRO units with 59 of the units being new construction which was initiated in 2022 and the other 43 units being fully renovated in 2015. There are 10 units in lease-up currently. An additional newly developed 18 units can be purchased with this portfolio as well with a unit mix of 14 studios and 4 one-bedroom apartments. These properties offer an investor cash flow in a growing Midwest market.
Extensive financials available upon request.
Extensive photos available upon request.
Extensive financials available upon request.
Extensive photos available upon request.
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $13,370,224 CAD |
| Price / SF | $200.87 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 15 |
| Individually For Sale | 0 |
| Total Building Size | 66,561 SF |
| Total Land Area | 2.01 AC |
PROPERTIES
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