Llanhurst | 3541 N Meridian St
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Llanhurst 3541 N Meridian St
29 Unit Apartment Building For Sale Indianapolis, IN 46208
Investment Highlights
- Prime location near downtown which is undergoing drastic revitalization.
- Perfect unit mix for young professionals seeking downtown locations.
- Nicely equipped kitchens.
- Spacious oversized floor plans.
- Hardwood flooring throughout.
- On-site laundry facility.
Executive Summary
Built in 1928, Llanhurst Apartments offers an eclectic mix of 1920’s Art Deco architecture and modern amenities. The unit mix is made up of spacious 15 onebedroom (825 square feet) and 14 two-bedroom units (1,150 square feet) with beautiful large windows, hardwood flooring throughout, and fully equipped kitchens. Surrounded by tree-lined streets, Llanhurst Apartments offers urban walkability within the comfort of a close-knit and quiet neighborhood with rich tradition, diversity and history. In addition, the property is within nine minutes from Downtown Indianapolis, Marian University, Butler University, and Ivy Tech Community College. The Mapleton Fall Creek neighborhood offers a variety of shops, businesses, grocery stores, restaurants, and parks. Downtown Indianapolis features a thriving nightlife scene, mainly along Meridian Street and Mass Ave incorporating an immense selection of restaurants, bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere.
Property Facts
Sale Type | Investment | Lot Size | 0.68 AC |
No. Units | 29 | Building Size | 40,347 SF |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1915 |
Apartment Style | Low Rise | Parking Ratio | 0.49/1,000 SF |
Building Class | B |
Sale Type | Investment |
No. Units | 29 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.68 AC |
Building Size | 40,347 SF |
No. Stories | 3 |
Year Built | 1915 |
Parking Ratio | 0.49/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 15 | - | 717 |
2+1 | 14 | - | 600 - 1,100 |
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PROPERTY TAXES
Parcel Number | 49-06-24-164-015.000-101 | Improvements Assessment | $1,205,400 |
Land Assessment | $216,100 | Total Assessment | $1,421,500 |
PROPERTY TAXES
Parcel Number
49-06-24-164-015.000-101
Land Assessment
$216,100
Improvements Assessment
$1,205,400
Total Assessment
$1,421,500
zoning
Zoning Code | D9 |
D9 |
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Llanhurst | 3541 N Meridian St
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