Ravenwood Apartments,
Lafayette, Indiana
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2801 Ravenwood, Lafayette, IN 47909 $220,000 A modern 4-unit 2 story apartment building that is fully leased for the 2009/2010 school year. All units have 2 bedrooms and feature full size washer/dryer, central air conditioning, dishwasher, microwave, garbage disposal, gas fireplaces and deck storage. This property is located on Ravenwood Court, just off of Beck Lane and near state road 25 in Lafayette. It is convenient to Lafayette shopping and restaurants, the bus line, and it's just minutes from campus via 231. It is fully managed and well maintained by an on-site management company. Built in 1999, the building has 4,000 SF. Cap Rate: 7.90%. Financial Summary: (actual)
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C. Barry Rubin
