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Updated about 11 years ago on . Most recent reply

User Stats

276
Posts
77
Votes
Adam Gerig
  • Investor
  • Fort Wayne, IN
77
Votes |
276
Posts

Off market deal: 53 unit apartment complex in NE Fort Wayne 50 out of 53 occupied land contract possible

Adam Gerig
  • Investor
  • Fort Wayne, IN
Posted

Attention investors!!!  I have a 53 unit apartment complex in Fort Wayne, Indiana for sale for $1,850,000.  Contract terms are $300k down at 6.75% interest.

50 out of 53 units are occupied it has 18 1bd/1ba, 16 2bd/1ba, 16 2bd/1.5ba, and 2 3bd/2ba units.  

It's currently grossing $23,660/month and netting right around $14k after expenses.  If interested let me know our company could also handle management on these units making it truly turn-key.  Stop sitting on the sidelines and get in the game!

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