Ron Plecher - Bloomington Real Estate
Ron Plecher

Detail Sheet

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10601 Cunot Cataract Poland, IN 47868-8500
$1,500,000
Listed by Ron Plecher - RE/MAX Realty Professionals

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MLS # 202423104 Investment Apartment Complex

Lot Information

Acres:  5.99
Dimensions:  781x417x1129x273
County:  Owen
Township:  Jackson
Grid:  None

Utilities

Utility Type
Sewage ---
Gas ---
Water Co ---
Utility Type
Cable ---
Electric ---
Amps ---
Additional Images

Description


There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.
Investment Apartment Complex
SqFt Fin Unfin Total
Upper 000
Main 20232120233
Total 20232120233
Basement 1   000
Basement 2 000
Total 000
Total 20232120233
Yr. Built:  1999 Style: ---
Foundation: --- Exterior: ---
Total Rooms:  0 Bedrooms:  36
Study Rooms  0 Fireplaces: ---
Full Baths:  24 HalfBaths  1
Heating: --- AC: ---
Water Heater: -- Street type: ---
HOA Fee: 0 HOA Term: ---
HOA Note: ---
Garage: --- Sq.Ft.: ---
Garage Note: 
Cap: 1-car
Rooms
Type Size Level Floors

School

Elementary: Cloverdale
Middle: Cloverdale
High: Cloverdale
NOTE: Due to school redistricting, schools identified with this listing may be subject to change. Please confirm school district with the school corporation.

Directions

In Spencer, from W SR 46, turn north onto 231, follow to CR 1200 S, turn left and travel 1 mile. At the STOP sign, take a slight left onto IN-42 W. Travel 5.4 miles to Cunot-Cataract Rd, turn left, and look for the property on the right.

IDX information provided by the Indiana Regional MLS

Information Not Warranted

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the MLS.

Listings Last Updated 11/14/2024 03:14:24 AM

Listing 1 of 1 Results