Listed by Brawley Real Estate
$2,600,000
1000 & 1002 E Atwater Avenue
Details
APN 53-08-04-102-032.000-009
Property Type Multifamily
Sub Type Student Housing
Square Footage 8,123
Units 2
Price per SqFt $320
Year Built 1920
Buildings 2
Stories 2
Acreage 0.200
Student Rental Investment
Marketing description
Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leasedinvestment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. Thisexceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.
Investment highlights
- Ceiling Height 9
- Parking Gravel, Off-Street
- https://www.propertypanorama.com/instaview/irmls/202441429#tour
Listing Contacts
Listed by Brawley Real Estate
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