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390 S Jackson Park Dr
Seymour, IN 47274

Maple Springs · Multifamily Property For Sale · 50 Units

INVESTMENT HIGHLIGHTS

  • Pro Forma 8.47% CAP rate and 11.91% Cash-on-Cash
  • All Brick Exterior Built in 1990 with Uniform Floor Plans
  • 1.4% Submarket Vacancy – High Demand for Market Rate Housing

PROPERTY FACTS

No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.73 AC
Building Size 26,712 SF
Average Occupancy 91%
No. Stories 2
Year Built 1990

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Trash Compactor
  • Vinyl Flooring
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Grill
  • Laundry Service
  • Renters Insurance Program
  • Hearing Impaired Accessible
  • Maintenance on site
  • Online Services
  • Vision Impaired Accessible
  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 13 $825.00 432
1+1 36 $975.00 550
2+2 1 $1,500 864

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-66-17-401-004.000-009
Land Assessment
$91,300
Improvements Assessment
$1,014,900
Total Assessment
$1,106,200
  • Listing ID: 32824146

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 390 S Jackson Park Dr, Seymour, IN 47274

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