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18 Properties, 74 Units - Muncie, IN

18 Properties Offered at $2,959,000 in Muncie, IN

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Investment Highlights

Close proximity properties
Great Cap Rate

Large Portfolio Sale

Executive Summary

Great cap rate. 18 properties, 74 units. All units close in proximity to each other.

MUNCIE OM

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access	Annual
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

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999

Other Income
Annual	$99,999

Vacancy Loss
Annual	$99,999

Effective Gross Income
Annual	$99,999

Taxes
Annual	$99,999

Operating Expenses
Annual	$99,999

Total Expenses
Annual	$99,999

Net Operating Income
Annual	$99,999

Property Facts

Price	$2,959,000	Status	Active
Price / SF	$54.14 / SF	Number of Properties	18
Sale Conditions	Bulk/Portfolio Sale	Individually For Sale	0
Cap Rate	9.50%	Total Building Size	54,653 SF
Sale Type	Investment	Total Land Area	1.78 AC

Price	$2,959,000
Price / SF	$54.14 / SF
Sale Conditions	Bulk/Portfolio Sale
Cap Rate	9.50%
Sale Type	Investment
Status	Active
Number of Properties	18
Individually For Sale	0
Total Building Size	54,653 SF
Total Land Area	1.78 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
502 E Adams St, Muncie, IN 47305	Multifamily	5,424 SF	1890	-
312 N Mulberry St, Muncie, IN 47305	Multifamily	4,368 SF	1900	-
600 W Adams St, Muncie, IN 47305	Multifamily	3,750 SF	1960	-
612 W Adams St, Muncie, IN 47305	Multifamily	2,136 SF	1895	-
712 W Jackson St, Muncie, IN 47305	Multifamily	1,688 SF	1890	-
810 W Jackson St, Muncie, IN 47305	Multifamily	3,102 SF	1890	-
431 W Howard St, Muncie, IN 47305	Multifamily	3,314 SF	1896	-
208 E Gilbert St, Muncie, IN 47305	Multifamily	951 SF	1890	-
202 E Gilbert St, Muncie, IN 47305	Multifamily	2,075 SF	1880	-
425 W Adams St, Muncie, IN 47305	Multifamily	2,190 SF	1920	-
1608 N Elm St, Muncie, IN 47303	Specialty	1,008 SF	1926	-
2921 S Monroe St, Muncie, IN 47302	Specialty	2,468 SF	1933	-
306 E North St, Muncie, IN 47305	Specialty	2,063 SF	1860	-
415 E Gilbert St, Muncie, IN 47305	Specialty	4,292 SF	2000	-
406 E Gilbert St, Muncie, IN 47305	Specialty	2,320 SF	1870	-
333 E North St, Muncie, IN 47305	Multifamily	3,748 SF	1800	-
1 W Orchard Pl, Muncie, IN 47305	Multifamily	2,994 SF	1900	-
416 W Jackson St, Muncie, IN 47305	Multifamily	6,762 SF	1896	-