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117 S Broadway Street - Butler IN 117 S Broadway St

18 Unit Block of Flats £614,223 (£34,124/Unit) Butler, IN 46721

Investment Highlights

  • 18 Apartments
  • Formerly used as exclusive housing for local manufacturing company
  • Recently Renovated
  • Potential NOI $140,000 (When 88% Leased)

Executive Summary

Discover a fantastic investment opportunity with this recently renovated, 14,238 square-foot, three-floor multi-tenant apartment building in Butler, IN. It has a potential net income of $140,000, when building becomes 88% leased.
FOR MORE DETAILED INFORMATION, AND TO VIEW ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings.

Property Facts

Price £614,223
Price Per Unit £34,124
Sale Type Investment
No. Units 18
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.30 AC
Building Size 14,238 SF
Average Occupancy 85%
Number of Floors 3
Year Built 1900

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access
  • Laundry Facilities

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-07-12-101-006.000-027
  • 17-07-12-101-005.000-027
Land Assessment
£10,407
Improvements Assessment
£199,525
Total Assessment
£209,931

zoning

Zoning Code GB (General Business)
GB (General Business)
  • Listing ID: 32628881

  • Date on Market: 30/07/2024

  • Last Updated:

  • Address: 117 S Broadway St, Butler, IN 46721

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