Washington Village Apartments | 1918 W Washington St
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Washington Village Apartments 1918 W Washington St
20 Unit Apartment Building For Sale Indianapolis, IN 46222
INVESTMENT HIGHLIGHTS
- Extensive Capital Expenditures Completed - New Flooring, Upgraded HVAC, Upgraded Electrical, Upgraded Plumbing, and more
- Projected 7.50%+ Pro Forma CAP
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.57 AC |
| No. Units | 20 | Building Size | 11,850 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 11,850 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Range
- Wi-Fi
- Deck
SITE AMENITIES
- Clubhouse
- Courtyard
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $1,298 CAD | 600 |
| 2+1 | 3 | $2,020 CAD | 600 |
| Studios | 1 | $973.78 CAD | 450 |
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PROPERTY TAXES
| Parcel Number | 49-11-03-161-001.000-101 | Total Assessment | $1,152,512 CAD |
| Land Assessment | $37,036 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,115,476 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
49-11-03-161-001.000-101
Land Assessment
$37,036 CAD
Improvements Assessment
$1,115,476 CAD
Total Assessment
$1,152,512 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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Washington Village Apartments | 1918 W Washington St
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