BID DEADLINE: OCTOBER 15, 2014Kunkel Square is a 12-story apartment building located in the heart of downtown Evansville on Main Street; the primary retail and office artery of the CBD. Originally built in 1916, the property was the region' s first high-rise and contains nearly 48,000 total square feet. The building is 86.0% leased with 43 of the 50 total units currently occupied including a ground floor retail space leased to Chick-Fil-A and a restaurant/bar in the lower level.Projected 2015 NOI: $494,000
Great location- 24 unit apartment complex which consists of 3- two story buildings with 23 two bedroom units with approx 711 sqft and one 1 bedroom unit with approx 612 sqft. Units are metered separately for electric. Gas is not. Additional income with coin laundry. Great investment opportunity!
For more information click the link for "Tikijian Associates Website" Eco Square is a 108-unit garden apartment community on the southeast side of Evansville, Indiana. Built in 1966, the property is comprised of eleven two-story residential buildings. Buildings have brick exteriors with mansard roofs. All windows have been replaced since original construction. Eco Square is named to reflect its environmental and sustainability focus. Residents enjoy eco-friendly living amenities such as community gardening and composting and on-site recycling. Many units have energy saving light bulbs and low-flow water devices. The community offers a resort-style swimming pool, a large, well landscaped courtyard, grilling areas and bike stations. With the exception of one efficiency unit, the property consists of 107 Two Bedroom/One bath units with identical 825 square foot floor plans. The leasing office and maintenance shop are located in one of the Two Bedroom units and the current management company rents the Efficiency unit as a regional office. Units feature large living rooms and walk in closets in the master bedrooms.
For more information click the link for "Tikijian Associates Website" Terra Trace is an 84-unit garden apartment community on the east side of Evansville, Indiana. The property was built in 1978 and is comprised of eleven two-story residential buildings and a single story clubhouse/office. Building exteriors are brick and new vinyl siding (installed in 2013). Roofs are pitched with composite shingles. Five roofs were replaced in 2013. Other recent capital improvements include replacement of balconies, new signage, new landscaping and hallway refurbishment. This refurbishment included painting, new light fixtures and new flooring at stair landings in all twenty-two halls and carpet in ten halls. The property consists of 56 One Bedroom/One Bath units (in two floor plans), 20 Two Bedroom/One Bath units and 8 Two Bedroom/One and One-half Bath units. Units have generous floor plans, are all-electric and include private access intercom systems. Select units include private patios or balconies and outside storage. Eight units have upgraded kitchens (stained cabinets, new cabinet hardware, counters, lighting) and new bathroom vanities.
Great opportunity to add to your rental portfolio. 24 total units 12 one bedrooms and 12 two bedrooms
o Strong portfolio o 16 Properties o 17 Units (15 Single family, 1 Duplexes) o 100% LEASED o 100% CURRENT o GREAT condition Many Recent improvements and upgrades!!! o GREAT rental history WOW!!! For another SUPER GREAT listing on a $2,600,000 strip mall: Copy and Paste this LINK in your Browser = http://www.loopnet.com/xNet/mainsite/Flash/Profile.aspx?LID=17168660
$850/mo. rent, a real charmer, hardwood floors, builtin cabinetry, fireplace, 2 full baths, huge kitchen, 4 bedrooms, lots of updates. New tenant as of 2/15/11. Great income property. Tenant pays utilities in addition to lease rate. Owner is a licensed realtor.
o Rents for $645 a month. o Tenant pays utilities. o Excellent Condition o Call for details. Lots of updates. o Large 1.5 Car garage o New Kitchen, Bathroom, Paint, Appliances o Beautiful Willow tree in front yard Owner is a licensed realtor.
40 unit apartment complex 8 1 beds and 32 2 beds on Evansvilles east side. call for additional info. Requires 48 hours notice to show. To be sold "as is". Sale of property is a short sale transaction and all terms and conditions are subject to lender approval. Commission included in terms and conditions and may change at lender's discretion. Commission is to be split 50/50 with listing and selling office.
24 unit apartment building with an upside. Located in downtown Evansville just minutes from the announced IU Med school. Great investment opportunity. 14 one bedroom units and 10 two bedroom units.