Brakeman | 230 S Lebanon St
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Brakeman 230 S Lebanon St
44 Unit Apartment Building For Sale Lebanon, IN 46052
INVESTMENT HIGHLIGHTS
- Luxury 4-Story, Mixed-Use Building with High-Quality Finishes and Various Floor Plan Layouts
- Opportunity to Implement Other Income Via Bulk Internet Plan
- Easy Access to Interstate I-65 Situated Midway Between Indianapolis and Lafayette, IN
- One Commercial Space is leased through 2034, Second Commencing February through 2035
- Located in Lebanon, IN with Immediate Access to the LEAP District – a 9,000 acre Tech, Science, and Corporate Hub
PROPERTY FACTS
| Sale Type | Investment | Building Size | 32,534 SF |
| No. Units | 44 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise | Parking Ratio | 3.26/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 1.85 AC |
| Sale Type | Investment |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.85 AC |
| Building Size | 32,534 SF |
| Average Occupancy | 95% |
| No. Stories | 4 |
| Year Built | 2023 |
| Parking Ratio | 3.26/1,000 SF |
| Opportunity Zone |
Yes |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Business Center
- Controlled Access
- Property Manager on Site
- Planned Social Activities
- Trash Pickup - Door to Door
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $925.00 | 354 - 379 |
| 1+1 | 25 | $1,114 | 543 - 636 |
| 2+1 | 7 | $1,262 | 730 - 771 |
| 2+2 | 6 | $1,450 | 843 - 978 |
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Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 06-11-36-000-002.000-002 | Improvements Assessment | $4,772,100 |
| Land Assessment | $77,700 | Total Assessment | $4,849,800 |
PROPERTY TAXES
Parcel Number
06-11-36-000-002.000-002
Land Assessment
$77,700
Improvements Assessment
$4,772,100
Total Assessment
$4,849,800
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Brakeman | 230 S Lebanon St
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