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230 Hoosier St
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230 Hoosier St
12 Unit Apartment Building $825,000 ($68,750/Unit) 7% Cap Rate North Vernon, IN 47265

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EXECUTIVE SUMMARY
.
PROPERTY FACTS
Price | $825,000 | Apartment Style | Low Rise |
Price Per Unit | $68,750 | Building Class | C |
Sale Type | Investment | Lot Size | 0.84 AC |
Cap Rate | 7% | Building Size | 7,500 SF |
No. Units | 12 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1971 |
Property Subtype | Apartment | Parking Ratio | 4.27/1,000 SF |
Price | $825,000 |
Price Per Unit | $68,750 |
Sale Type | Investment |
Cap Rate | 7% |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.84 AC |
Building Size | 7,500 SF |
No. Stories | 3 |
Year Built | 1971 |
Parking Ratio | 4.27/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 6 | - | 550 |
2+1 | 6 | - | 700 |
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PROPERTY TAXES
Parcel Number | 40-09-34-230-047.000-004 | Improvements Assessment | $262,400 |
Land Assessment | $48,000 | Total Assessment | $310,400 |
PROPERTY TAXES
Parcel Number
40-09-34-230-047.000-004
Land Assessment
$48,000
Improvements Assessment
$262,400
Total Assessment
$310,400
ZONING
Zoning Code | R-3 |
R-3 |
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230 Hoosier St
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