Skip To Content
    Return to Previous Page

    11708 Ironton Road , 2001-2024

    Shoals, IN 47581
    • $849,000
    • STATUS: Active
    • ON SITE: 361 days
    • MLS #: 201952127
    UPDATED: 11 min ago
    $849,000
    • 32
      BEDS
    • 1.51
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 16,736
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1996
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great Investment. 24 all brick units in Shoals- Martin County. This property offers a 8.5% cap rate and great NOI. 16- 1BD/1BA and 8- 2BD/1BA. Tenants pay their own electric and owner pays water (tenants pay a flat fee monthly to cover). Common Laundry room and playground. Showings are available with a 24 hour notice. This property is offered individually and will be offered in a portfolio with 2 other apartment complexes as well.

    Monthly Payment Calculator



    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-12-04T08:27:55.29.

    www.parkerteamhomes.com/homes/101592962
    Print Image

    11708 Ironton Road , 2001-2024 Shoals, IN 47581

    • Price: $849,000
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 201952127
    32
    Beds
    24
    Baths
    0
    ½ Baths
    1.51
    Acres
    16,736
    SQFT
    $51
    $/SQFT
    1996
    Built
    Neighborhood:
    None
    County:
    Martin
    Area:
    Martin
    Elementary School:
    Shoals Community
    Middle School:
    Shoals Community
    High School:
    Shoals
    School District:
    Shoals Community School Corp.
    Property Description
    Great Investment. 24 all brick units in Shoals- Martin County. This property offers a 8.5% cap rate and great NOI. 16- 1BD/1BA and 8- 2BD/1BA. Tenants pay their own electric and owner pays water (tenants pay a flat fee monthly to cover). Common Laundry room and playground. Showings are available with a 24 hour notice. This property is offered individually and will be offered in a portfolio with 2 other apartment complexes as well.
    Exterior Features

    Architectural Style Ranch Exterior Brick Location Rural Lot Description Level0-2.9999 Lot Dimensions 1.51 Outbuilding None Parking LotOff Street Parking Spaces 48 Pool YN No Roof Material Shingle Style One Story Unit1 Garage Type None Unit2 Garage Type Basement Unit3 Garage Type None Unit4 Garage Type None Unit5 Garage Type None Unit6 Garage Type Basement Water Features None Waterfront YN No

    Interior Features

    Above Grade Bedrooms 32 Above Grade Finished Sqft 16736 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingCable ReadyCountertops-LaminateDetector-Smoke Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Other Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminateVinyl Tile Heating Fuel Other Heating Fuel Microwaves 0 Ranges Ovens 24 Refrigerators 24 Rooms Below Grade 0 Total Baths 24 Total Below Grade Sqft 0 Total Sq Ft 16736 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 700 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 700 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 700 Unit4 Basement YN No Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit4 Sq Ft 700 Unit5 Basement YN No Unit5 Bathrooms 1 Unit5 Bedrooms 1 Unit5 Sq Ft 700 Unit6 Basement YN No Unit6 Bathrooms 1 Unit6 Bedrooms 2 Unit6 Sq Ft 700 Wash Dry Hookups 0 Washers 0

    Property Features

    Annual Electric Expense 8109 Annual Fuel Expense 0 Annual Gross Rent 106226 Annual Insurance Expense 5275 Annual Maint Expense 20660 Annual Misc 0 Annual Net Income 59111 Annual Property Tax 7000 Annual Trash Expense 0 Annual Water Sewer Exp 6071 Assoc Dues Frequency Not Applicable Common Amenities Laundry FacilitiesPlayground Documents Available LeaseLegal DescriptionOwners Statement Efficiencies 0 Electric Company Daviess-Martin Remc Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company None Gross Monthly Income 8852 Gross Monthly Rent 8852 Lease Term 1 Year New Construction No One Bedrooms 16 Owner Pays SewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Complex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays Electric Three Bedrooms 0 Township Halbert Two Bedrooms 8 Unit1 Unit Rent 550 Unit2 Unit Rent 475 Unit3 Unit Rent 475 Unit4 Unit Rent 500 Unit5 Unit Rent 450 Unit6 Unit Rent 500 Units Rented 20 Water Company Other Water Utility Public Year Taxes Payable 2018

    Listing courtesy of Amy Powell of Revestco Llc.
    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-12-04T08:27:55.29.

     
    https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_2_201952127-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_2_201952127-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_2_201952127-2.jpg
    Logo
    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905