Investment Properties for Sale

Multi-Family for Sale
Catylist Listing ID: 30338927
Property Subtypes: Duplex/Fourplex
Number of Units: 20 Units
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $178,400 - 1,784,000
Unit Price: $8,920 Per Unit
Property Use Type: Investment
Building Name: Evadna Lake Estates
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Last Updated: 1/14/2020

Overview / Comments

Please contact the agent for more information about this listing.


Finance Data Year 2018
Real Estate Taxes - Annual($) $22,040 (Annual)
Potential Rental Income $192,000 (Annual)
Gross Operating Income $192,000 (Annual)
Net Operating Income $109,960 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 87-08-35-406-001.000-020
Percent Occupied: 100%
Property Located Between: Heim Road and SR-62
Number of Stories: 2
Year Built: 2009
Roof Type: Arched
Construction/Siding: Vinyl Siding
Parking Description: Private Drive with Car Port Parking
Total Parking Spaces: 1
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Gas
Air Conditioning: Package Unit
Interior Description: 3 Bedroom, 2 Full Bath
Zoning Description: Residential, R-2
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 1 Evadna Lake Estates Error on Plat

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,492 8,230 25,765
Median Age: 36.47 40.44 38.67
Households: 578 3,004 9,924
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