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Reckeweg Apartments 1414-1430 Reckeweg Rd

10 Unit Apartment Building $1,493,326 CAD ($149,333 CAD/Unit) 7.11% Cap Rate Fort Wayne, IN 46804

Apartment Buildings Indiana Fort Wayne 1414-1430 Reckeweg Rd, Fort Wayne, IN 46804

EXECUTIVE SUMMARY

10 unit property with upside potential. Low to market rent.

PROPERTY FACTS

Price $1,493,326 CAD Building Class C
Price Per Unit $149,333 CAD Lot Size 1.19 AC
Sale Type Investment Building Size 7,224 SF
Cap Rate 7.11% Average Occupancy 100%
No. Units 10 No. Stories 2
Property Type Multifamily Year Built 1982
Property Subtype Apartment Parking Ratio 2.77/1,000 SF
Apartment Style Low-Rise
Price $1,493,326 CAD
Price Per Unit $149,333 CAD
Sale Type Investment
Cap Rate 7.11%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.19 AC
Building Size 7,224 SF
Average Occupancy 100%
No. Stories 2
Year Built 1982
Parking Ratio 2.77/1,000 SF

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
2+1.5 4 - -
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-12-08-105-008.000-074
  • 02-12-08-105-009.000-074
 Improvements Assessment $309,002 CAD
Land Assessment $59,313 CAD Total Assessment $368,315 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-12-08-105-008.000-074
  • 02-12-08-105-009.000-074
Land Assessment
$59,313 CAD
Improvements Assessment
$309,002 CAD
Total Assessment
$368,315 CAD

ZONING

Zoning Code R-1 (Residential)
R-1 (Residential)
(260) 223-1199

CONTACT

  • Listing ID: 30152206

  • Date on Market: 2023-11-22

  • Last Updated:

  • Address: 1414-1430 Reckeweg Rd, Fort Wayne, IN 46804

The Reckeweg Road Multifamily Property at 1414-1430 Reckeweg Rd, Fort Wayne, IN 46804 is currently available. Contact Allied Commercial, LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Reckeweg Apartments | 1414-1430 Reckeweg Rd
(260) 223-1199 x

Reckeweg Apartments | 1414-1430 Reckeweg Rd

Parker Braun

(260) 223-1199

(260) 223-1199

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