Arlington Village | 6035 Williamsburg Ct
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Arlington Village 6035 Williamsburg Ct
80 Unit Apartment Building For Sale Indianapolis, IN 46226
Investment Highlights
- Opportunity to renovate remaining 51 units
- Unit size 78-101 square feet larger than nearby comps
- Post Section 8 Conversion NOI increase of $318/unit per Month
- 7+ CAP on current underwriting
Property Facts
Sale Type | Investment | Lot Size | 4.17 AC |
No. Units | 80 | Building Size | 76,600 SF |
Property Type | Multifamily | Average Occupancy | 89% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built/Renovated | 1963/2019 |
Building Class | C | Parking Ratio | 1.41/1,000 SF |
Sale Type | Investment |
No. Units | 80 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 4.17 AC |
Building Size | 76,600 SF |
Average Occupancy | 89% |
No. Stories | 2 |
Year Built/Renovated | 1963/2019 |
Parking Ratio | 1.41/1,000 SF |
Site Amenities
- Laundry Facilities
- Playground
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 20 | $932.00 | 750 |
2+1 | 32 | $1,007 | 850 - 1,000 |
2+1.5 | 28 | $1,099 | 1,100 |
PROPERTY TAXES
Parcel Number | 49-07-14-116-007.000-401 | Improvements Assessment | $1,581,000 |
Land Assessment | $243,400 | Total Assessment | $1,824,400 |
PROPERTY TAXES
Parcel Number
49-07-14-116-007.000-401
Land Assessment
$243,400
Improvements Assessment
$1,581,000
Total Assessment
$1,824,400
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Arlington Village | 6035 Williamsburg Ct
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