202 E 5th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
202 E 5th St
16 Unit Apartment Building $775,000 ($48,438/Unit) 8.50% Cap Rate Fowler, IN 47944
Investment Highlights
- Multi-use, 16 unit commercial property.
- 8.5% CAP rate.
Executive Summary
***INVESTMENT OPPORTUNITY*** ***PASSIVE INCOME*** Looking to expand your real estate portfolio? This mulit-use, 16 unit commercial property is one you will want to take a look at! With an 8.5% CAP rate, over $100K in capital improvements this year, this property is an excellent addition to your real estate investments. New roof, new exterior doors, new upper deck, all in the last 90 days! Currently rented with an 81% occupancy rate! Increase your earning potential with 100% occupancy rate! Call an agent today!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Refrigerator
- Range
1 of 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $216,800 | |
| Land Assessment | $17,300 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $199,500 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$17,300
Improvements Assessment
$199,500
Total Assessment
$216,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | GB (General Business) |
| GB (General Business) |
Learn More About Investing in Apartment Buildings
1 of 38
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
202 E 5th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.