Commercial For Sale in Angola, IN

Multi-Family for Sale
Catylist Listing ID: 30262723
Property Subtypes: Duplex/Fourplex
Number of Units: 12 Units
Building Size (RSF): 6,456 SF
Gross Building Area: See Agent
Gross Land Area: 0.96 Acres
Sale Price: $480,000
Unit Price: $40,000 Per Unit
Property Use Type: Investment
Building Name: Mill Street Apartments
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/20/2018

Overview / Comments

Located on the west side of the City of Angola (small market area) in a mixed neighborhood of new and older homes.
1. 1104 W. Mill St. 1 - four-plex with 4 - 1 bedroom 1 bath, 530 sq. ft. each and 1 - duplex with 2 - 1 bedroom 1 bath, 554 sq. ft. each. on .48 acre.
2. 1106 W Mill St. 1 - four-plex with 4 - 1 bedroom 1 bath, 530 sq. ft. each and 1 - duplex with 2 - 1 bedroom 1 bath, 554 sq. ft. each. on .48 acre.

Additional Details

Nearest MSA: Angola
County: Steuben
Tax ID/APN: 76-06-27-000-006;007.000-012
Zoning: COMMERCIAL
Percent Occupied: 100%
Highway Access: Located on the west side of the City of Angola, or CR 200 E to east; CR 175 S to south; CR 200 W to west and CR 275 N to north
Area Description: The property is surrounded by a mix of newer and older homes.
Total Number of Buildings: 4
Property Condition: Average
Number of Stories: 1
Year Built: 1979
Year Renovated: 2016
Construction/Siding: Vinyl Siding, Wood Frame
Exterior Description: Ranch Style, concrete slab, vinyl siding and shingle roof, aluminum gutters. Rear patio deck. 26-28 parking spaces
Parking Type: Surface
Parking Description: Concrete.
Total Parking Spaces: 28
Heat Source: Radiant
Fuel: Gas, Electric
Interior Description: Carpet, vinyl flooring
Zoning Description: commercial / mulitifamily
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,007 14,734 16,244
Median Age: 32.94 37.07 37.36
Households: 2,075 5,608 6,159

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