We built this upscale apartment complex only 3 blocks from the Purdue campus.
The 12 units have 1 bedroom and 650 sf each, with all the amenities. We later sold the building which continues to be used for luxury 1 bedroom apartments.
No. Units: 12
Building Size: 9,800 SF
Lot Size: 9,360 SF
Stories: 3
Occupancy: 100.00%
Parking ratio: 1/1000 SF
Price: $1,150,000
Price/Unit: $100,000.00
Cap Rate: 7.00%
Highlights:
- washer/dryer in all units
- sprinkled
- ceramic kitchen & bath
- secured entry
- refrigerator, stove, microwave, dishwasher, disposal
- all electric
Are you interested in a commercial development project? Call Barry Rubin at 765.426.8898.
