Kunkel 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
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.
$645/mo. Market Rent, Single Family Home. GREAT Highly Desirable Neighborhood, Near Ivy League University of Evansville and the Private Charter School Joshua Academy, and US Incubator the Small Business Incubator Property is in EXCELLENT Condition: o Completely remodeled in 2011. o New Electrical service o New Plumbing o New Flooring o Remodeled kitchen o Remodeled bath o New Roof o Large eat-in kitchen o Full attic o Hardwood floors throughout o Large front porch o Great income!! o Lots of charm o Ample storage o Dead end street o Easy access to Route 41 & Loyd Expressway o Tenant pays full security deposit, lawn care and all utilities. Great investment property. Owner is a licensed Realtor
$645/mo. Market Rent, Single Family Home. GREAT Highly Desirable Neighborhood, Near Ivy League University of Evansville and the Private Charter School Joshua Academy, and US Incubator the Small Business Incubator Property is in EXCELLENT Condition: o Completely remodeled in 2013. o New Electrical service o New Plumbing o New Flooring o Remodeled kitchen o Remodeled bath o New Roof o Large eat-in kitchen o Full attic o Large front porch o Great income!! o Lots of charm o Ample storage o Dead end street o Easy access to Route 41 & Loyd Expressway o Tenant pays full security deposit, lawn care and all utilities. Great investment property. 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.
TO DOWNLOAD OFFERING MEMORANDUM INSTANTLY, VISIT OUR WEBSITE (LINK ABOVE) Eco Square (108-units) and Terra Trace (84-units) are located on the southeast side of Evansville, IN. Eco Square was built in 1966, and the property is comprised of 11 two-story brick buildings 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. Terra Trace was built in 1978 and is comprised of 11 two-story buildings and a clubhouse/office. Building exteriors are brick and new vinyl siding (installed in 2013). Roofs are pitched with composite shingles (5 roofs replaced in 2013). Other recent improvements include replacement of balconies, new signage, landscaping and hallway refurbishment (including painting, new light fixtures and new flooring at stair landings in all 22 halls and carpet in 10 halls).
This value oriented property, centrally located on Evansville, Indiana's east side, is comprised of 3 buildings, each having 4 2-bedroom / 2 bath apartment units. All units were completely remodeled in 2014- including new hardwood flooring, new appliances and paint throughout. The exterior buildings have newer HVAC units, windows, doors, soffits and decking (2013) These updates and low real estate taxes make this an excellent investment opportunity! For a buyer looking to invest in multi-family dwelling, but not be active in day-to-day management, professional management can be available.