Washington Village Apartments | 1918 W Washington St
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Washington Village Apartments 1918 W Washington St
20 Unit Block of Flats For Sale Indianapolis, IN 46222
INVESTMENT HIGHLIGHTS
- Extensive Capital Expenditures Completed - New Flooring, Upgraded HVAC, Upgraded Electrical, Upgraded Plumbing, and more
- Projected 7.50%+ Pro Forma CAP
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.57 AC |
| No. Units | 20 | Building Size | 11,850 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low Rise | Year Built | 1950 |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 11,850 SF |
| Average Occupancy | 95% |
| Number of Floors | 2 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Range
- Wi-Fi
- Deck
SITE AMENITIES
- Clubhouse
- Courtyard
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 16 | £715.76 | 600 |
| 2+1 | 3 | £1,113 | 600 |
| Studios | 1 | £536.82 | 450 |
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PROPERTY TAXES
| Parcel Number | 49-11-03-161-001.000-101 | Total Assessment | £645,936 |
| Land Assessment | £20,757 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £625,179 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
49-11-03-161-001.000-101
Land Assessment
£20,757
Improvements Assessment
£625,179
Total Assessment
£645,936
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
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Washington Village Apartments | 1918 W Washington St
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