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2750 Michigan Rd
Madison, IN 47250

$3,850,000 USD

Apartments For Sale  •  55,000 SF

Property Details

• Property Type Apartments
• Total Building Size 27,200 SF
• Lot Size 2.91 AC
• Building Class C
• Year Built 1983
• Zoning R-3

0 Transit Score

50 Walk Score

Highlights

16.4% Loss to Lease, property currently pacing $145 behind market rents

Diversified Unit Mix: Studios(9), One Bedroom(36), Two Bedroom(10)

Supply Constrained Market: 0 Units under construction in a 5-mile radius

Property continues to display stable occupancy of 95%+

Amenities

• 24 Hour Access
• Air Conditioning
• Property Manager on Site
• Heating
• Kitchen
• Refrigerator
• Oven
• Tub/Shower
• Public Transportation
• Walk-Up
• Smoke Detector