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7606 N Roanoke Rd

10 Unit Apartment Building $824,618 CAD ($82,462 CAD/Unit) Huntington, IN 46750

Investment Highlights

  • Development Potential
  • Unique Property

Executive Summary

Secure your future with this well-maintained, partially occupied portfolio with significant room for growth and development possibilities on its sprawling4.88 acres! Generate income from 8 apartments plus a separate 3-bed/2-bath modular home. Recent upgrades include new coin-operated laundry, water heaters,commercial water softener, well, exterior lighting, plus all new plumbing, electrical, 2 new furnaces & HVAC systems. Many units have been renovated including LVPflooring, updated cabinets, kitchen appliances, dishwashers (in select units), and fresh paint. The property also includes two detached garages for storage or additionalparking options and added income. With easy access to nearby parks, walking trails at Camp Timber Lake, and the Two-EEs Winery, this property is prime forexpanding the existing complex or utilizing the land for further income generation (subject to zoning approval). Don't miss this opportunity to own a well-establishedincome property with significant upside potential in Huntington County. See additional photos & floor plans here: https://arthomephoto.aryeo.com/sites/beepngw/unbranded

Property Facts

Price $824,618 CAD
Price Per Unit $82,462 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 4.88 AC
Building Size 5,000 SF
Average Occupancy 80%
No. Stories 1
Year Built/Renovated 1946/2021
Parking Ratio 4/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $888.75 CAD -
  • Listing ID: 32771483

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 7606 N Roanoke Rd, Huntington, IN 46750

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