For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

714 College Dr Anderson, IN 46012

Loading data...
Loading data...
Loading data...
For Sale
$1,999,995

Portfolio of 10 condominiums near Anderson University.

Property size:
17,274 SF

Property Features for 714 College Dr

General Information

Size
17,274 SF

Building Details

Year built
1988

Source: Joshua Hoeft Agent Joshua Hoeft

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Anderson Multifamily Investment Opportunity

This portfolio of 10 condominiums is located steps from Anderson University in Anderson, Indiana. The units are fully occupied, with tenant demand exceeding available units. The property generates a Net Operating Income of $127,000 annually. The property has been professionally maintained. The location ensures continued tenant interest from students, faculty, and local professionals. The property size is 17,274 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Anderson
County
Madison
State
Indiana
Longitude
-85.6668609
Latitude
40.1086517

FAQs

What type of property is this?
Apartment building - Portfolio of 10 condominiums near Anderson University.
Where is this apartment building located?
The property is located at 714 College Dr Anderson, IN.
What is the asking price?
The asking price for this property is $1,999,995.
What are key features of this property?
This property features: - Prime location steps from Anderson University, ensuring high tenant demand.; - Strong income potential with a Net Operating Income (NOI) of $127,000 annually.; - Fully occupied with a waitlist of prospective renters, indicating high desirability.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message