For Sale
$2,645,000
1320 Parrett St Evansville, IN 47713
35 Units, 8.4% Cap Rate, Updated
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 35-unit multifamily property in Evansville, IN, offering an 8.38% cap rate and $221,622 NOI.
- Asking price: $2,645,000 ($75,571 per unit, $144.54/SF).
- Fully renovated in 2021 with updated electrical systems and 18 parking spaces.
- Features an additional income stream from community laundry facilities.
- Located on a 0.6-acre lot at 1320 Parrett St, Evansville, IN 47713 (APN: 820632022032017029).
Property Details for 1320 Parrett St
- Property type
- Apartment buildings
- Square Feet
- 18,300 SF
- Year Built/Renovated
- 1965/2021
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 26,136 SF
- Units
- 35
Location Insight
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Latitude
- 37.95868818
- Longitude
- -87.56525733
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 35 Units, 8.4% Cap Rate, Updated
- Where is the apartment building located?
- The property is located at 1320 Parrett St Evansville, IN.
- What is the asking price?
- The asking price for this property is $2,645,000.
- What are key features of this property?
- This property features: 35-unit multifamily property in Evansville, IN, offering an 8.38% cap rate and $221,622 NOI.; Asking price: $2,645,000 ($75,571 per unit, $144.54/SF).; Fully renovated in 2021 with updated electrical systems and 18 parking spaces.
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