Anderson Rental Package Portfolio
Anderson, IN 46016
- – beds
- – baths
- – sqft
- 1900 build
Check out package website at www.andersonrentalpackage.com for all property addresses, more photos, video, rents, and to download the financials. 8 properties (3 quadplexes, 5 duplexes), 22 units rental portfolio package with all properties located in Anderson, Indiana. Currently 21/22 units occupied. 6 units recently renovated. 3 properties with new roof in the last 1.5 years. Leases recently move from month to month to year long and all rents recently increased to at or above current market rates with no loss of tenants. Great NOI boosting value add opportunity to put utilities on tenants. Current owner pays all utilities ($53,000 in 2021). New projected annual gross is $194,000. Cap rate 7.5%. Stable and cash flowing.
Last checked:
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Last updated Apr 3, 2025
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MLS# 21879880 —
The Building
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Year Built:1900
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New Construction:false
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Construction Materials:Other
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Architectural Style:Other
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Green Certification:No
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Building Information:Other
Interior
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Laundry:Other
Location
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Directions:Centrally located in Anderson Indiana
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Commercial Units - 5+
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Property Attached:true
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Parcel Number:N/A
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Acres:<1/4 Acre
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Lot Information:Other
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Structure Type:Duplex, Quadruplex
Listing Agent
- Contact info:
- Agent phone:
- (765) 508-4626
- Office phone:
- (765) 643-3391
Taxes
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Tax Year:2022
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Tax Exemptions:None
The Listing
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Disclosures:Not Applicable
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Inspection Warranties:General
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Virtual Tour Branded:
Utilities
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Building Utilities:Other
Schools
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School District:Anderson Community
The Community
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Subdivision Name:NO SUBDIVISION
Parking
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Parking:Other
Extra Units
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# of Units Total:22
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/12/22
Sep 12, 2022
|
Relisted | MIBOR | $1,200,000 | |
|
8/31/22
Aug 31, 2022
|
Pending | MIBOR | $1,200,000 | |
|
8/26/22
Aug 26, 2022
|
Listed / Active | MIBOR | $1,200,000 |
