34-Unit Apartment
For Sale
Contact for pricing
Pending
1030 E Oak St, Seymour, IN 47274
The apartments include central air, with most units offering dishwashers and washer and dryer hookups.
Property SizeContact for details
Lot Size1.61 Acres
Days on Market144
Property Features for 1030 E Oak St
General Information
Standard status
Pending
Lot size
1.61 Acres
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$177,182
Financials
Asking Price
$2,700,000
Cap Rate
6.6%
Additional Details
Utilities to Site
Yes
Multifamily Units
34
Amenities
central air
dishwashers
washer/dryer hookups
Listing Agency:
Wisely Commercial Realty
(317) 758-5032
Listed By:
Adam McNeil · License #IN RB16000684
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wisely Commercial Realty
Investment Insights
Based on property information with market context.
This multifamily offering includes 34 apartment units across two apartment complexes on 1.61 acres in Seymour, Indiana. The properties were built between 1982 and 2011 and have been updated. Every unit features central air, while most include dishwashers and washer and dryer hookups. City water and city sewer serve the complexes.
Occupancy is reported at 100%. In-place operations reflect a 6.6% cap rate, with a projected Year 1 cap rate of 7.9%. The properties are identified as Stonecrest Villas and Fountain Drive Apartments and are located at 1030 E Oak St.
Occupancy is reported at 100%. In-place operations reflect a 6.6% cap rate, with a projected Year 1 cap rate of 7.9%. The properties are identified as Stonecrest Villas and Fountain Drive Apartments and are located at 1030 E Oak St.
Key Highlights
- 34 apartment units across two complexes
- 1.61 acres in Seymour, Indiana
- 100% occupancy
Property Analytics
Property Profile
Current Use
Lease Details
34
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 47274, IN
33,035
Population
13,590
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
214.7 sq mi
ZIP Area
154
Density / Sq Mi
$72,186
Median Household Income
$44,320
Median Earnings
$956
Median Rent
$187,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The apartments include central air, with most units offering dishwashers and washer and dryer hookups.
Where is this apartment building located?
The property is located at 1030 E Oak St Seymour, IN.
What are key features of this property?
This property features: 34 apartment units across two complexes; 1.61 acres in Seymour, Indiana; 100% occupancy
