Listed by Lopp Real Estate Brokers
$1,495,000
15 Income Producing Units in Clarksville, IN
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,111
Units 15
Cap Rate 8.10%
NOI $121,244
Occupancy 100%
Price per SqFt $135
Class B
Year Built 1957
Buildings 3
Stories 2
Investment Type Stabilized
Renovated 15-Unit with 100% Occupancy & Strong In-Place Income
Marketing description
15 apartment units available in Clarksville, IN off Eastern Blvd, approximately ⅓ mile from Lewis & Clark and less than one mile from I-65. Separately deeded condo units with strong rental history, large capex improvements in most units the past couple years. Great history of income with Nice cash flow.
Investment highlights
Please contact agent for more information about this listing.
Listing Contacts
Listed by Lopp Real Estate Brokers
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,244.00
$10,103.67/mo
Valuation Metrics
0
DSCR
8.11%
Cap Rate
8.11%
ROI
Map
Zoning
EBCZ SpecialEastern Boulevard Corridor Zone
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View all 220 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
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