Investment Opportunity on S. Anthony Blvd.

Multi-Family for Sale
Catylist Listing ID: 29997725
Property Subtypes: Low-Rise/Garden, Senior Living
Number of Units: 54 Units
Building Size (RSF): 38,750 SF
Gross Land Area: 5.59 Acres
Sale Price: $1,250,000
Unit Price: $23,148.15 Per Unit
Property Use Type: Investment
Building Name: Anthony Wayne Flats & Retirement Community Apartments
Sale Terms: Cash to Seller
Cap Rate: 9.6%
Last Updated: 2/2/2018

Overview / Comments

PRICE REDUCED! INVESTMENT OPPORTUNITY - ANTHONY WAYNE FLATS AND RETIREMENT COMMUNITY APARTMENTS. The complex contains 5.59+/- acres, 26 buildings, 54 units with high occupancy rate. Renovated in 2012 with new windows, HVAC, electric, kitchens, bathroom tub/shower stalls, sinks, medicine cabinets, paint and carpeting throughout. The owner spent close to $1 million on renovations. See brochure for details or contact brokers.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-12-24-231-025.000-074
Zoning: R1
Property Located Between: Pettit and McKinnie Ave.
Total Number of Buildings: 26
Property Condition: Good
Number of Stories: 1
Year Built: 1951
Year Renovated: 2012
Construction/Siding: Wood Frame
Total Parking Spaces: 54
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,085 84,874 167,499
Median Age: 29.04 31.7 34.5
Households: 5,940 32,129 66,360
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