407 W South St | Greenfield, IN 46140
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407 W South St
Greenfield, IN 46140
South Common Duplexes · Multifamily Property For Sale · 16 Units
INVESTMENT HIGHLIGHTS
- Pro Forma 7.8% Cap Rate
- Fast-growing Indy Suburb, Population Growth of 3%+ Annually
- Little-To-No Deferred Maintenance
- Brand New Concrete Parking Lot and New Roofs
- Rents 25% Under Market
PROPERTY FACTS
| No. Units | 16 | Building Size | 12,008 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1995 |
| Building Class | B | Parking Ratio | 2.66/1,000 SF |
| Lot Size | 1.67 AC |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.67 AC |
| Building Size | 12,008 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1995 |
| Parking Ratio | 2.66/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $825.00 | 628 |
| 2+1 | 14 | $792.50 | 768 |
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