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Property profile & analytics
OFF-MARKET
Apartment buildings

25 Victory Noll Dr Huntington, IN 46750

69,450 SF 11.1 ac lot Built 1923
Property ID
Property summary
AI-generated overview

This exceptional multifamily investment opportunity presents a rare chance to acquire a 100-unit apartment building in Huntington, Indiana. The property, located at 25 Victory Noll Dr, comprises three buildings situated on an expansive 11.1-acre lot zoned R-1. Originally constructed in 1923, the property underwent partial renovations in 2017. The complex boasts a total of 69,450 square feet, with 40 units having recently undergone renovations. Currently priced at $4,200,000 ($42,000 per unit), this represents a significant price reduction from the previous asking price. The property's Class B designation reflects its solid foundation and potential for further value enhancement. Its prime location within Huntington offers easy access to major transportation routes, diverse dining, local businesses, and recreational facilities. This asset presents an ideal opportunity for investors seeking a special-purpose property or those envisioning redevelopment potential within a thriving community. The property's size and unit count offer substantial scale for investment returns. Financing options may be available. This is a vacant retirement community with significant upside potential.

Property profile
Verified
Property type Apartment buildings
Year built 1923
Total area 69,450 SF
Lot 11.1 ac (483,516 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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