Atlas Apartments | 401 N 10th St
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Atlas Apartments 401 N 10th St
67 Unit Block of Flats For Sale Richmond, IN 47374
Investment Highlights
- Built in 1910, The Atlas Apartments offers vintage charm with classic New York style loft apartments
- Unique floor plans, 12-foot high ceilings, exposed brick walls and nicely equipped kitchen including microwave, and more
- Located in the heart of the historic Depot District of Richmond, IN
- Great unit mix with mostly one-bedroom units
- Fitness center, laundry, library, elevator and controlled access
Executive Summary
Built in 1910 and renovated in 2000, The Atlas Apartments is a 67-unit multifamily community located in Richmond, Indiana. The property is situated on 1.066± acres encompassing a net rentable area of 49,340 square feet. The property consists of a four-story, and a lower level, building with a brick exterior.
The Atlas Apartments offer a unit mix of 60 one-bedroom units that are approximately 715 square feet and 7 two-bedroom units measuring approximately 920 square feet, with an overall average unit size of 736 square feet. Community amenities at this pet-friendly property include: Controlled Access, Elevator, Fitness Center, On-Site Laundry, Ample Parking, and a Library. The unit amenities include: Nicely Equipped Kitchen including a Microwave, 12 Foot High Ceilings, Ceiling Fan, and Air Conditioning.
The Atlas Apartments offer a unit mix of 60 one-bedroom units that are approximately 715 square feet and 7 two-bedroom units measuring approximately 920 square feet, with an overall average unit size of 736 square feet. Community amenities at this pet-friendly property include: Controlled Access, Elevator, Fitness Center, On-Site Laundry, Ample Parking, and a Library. The unit amenities include: Nicely Equipped Kitchen including a Microwave, 12 Foot High Ceilings, Ceiling Fan, and Air Conditioning.
Property Facts
Sale Type | Investment | Lot Size | 1.21 AC |
No. Units | 67 | Building Size | 49,725 SF |
Property Type | Residential | Number of Floors | 4 |
Property Subtype | Apartment | Year Built | 1910 |
Apartment Style | Mid Rise | Parking Ratio | 0.45/1,000 SF |
Building Class | C | Opportunity Zone |
Yes
|
Sale Type | Investment |
No. Units | 67 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 1.21 AC |
Building Size | 49,725 SF |
Number of Floors | 4 |
Year Built | 1910 |
Parking Ratio | 0.45/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Microwave
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Range
- Tub/Shower
- Carpet
Site Amenities
- Business Centre
- Controlled Access
- Fitness Centre
- Laundry Facilities
- Laundry Service
- Lift
- Online Services
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 60 | - | 722 - 895 |
2+1 | 7 | - | 890 |
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Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £1,304,059 | |
Land Assessment | £28,404 | Total Assessment | £1,332,463 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£28,404
Improvements Assessment
£1,304,059
Total Assessment
£1,332,463
zoning
Zoning Code | M-2 (Multifamily) |
M-2 (Multifamily) |
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Atlas Apartments | 401 N 10th St
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