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1212 Putnam St, Fort Wayne, IN 46808

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1212 Putnam St is amulti-family property located in Fort Wayne, IN. The property currently has 1 multi-family space for lease and is marketed by Sperry Van Ness Commercial Real Estate Advisors.

Whether you are a first time investor or experienced Landlord, here is a unique opportunity to grow your portfolio in one easy manageable deal with instant/guaranteed cash flow at a 10% return on your investment. Offering includes eight properties totaling 38 units located in Fort Wayne, IN.

Please do not disturb tenants, Viewings by appointment only.

For a rent roll and full income & expense report, complete & return the attached CA.

� 10% Cap Rate based on 2013 NOI
� 100% Occupancy
� Guaranteed Rental Income for 5 Years
� Professionally Managed & Maintained
� Centrally Located

Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: $230,000	4,000 sqft
Sperry Van Ness is pleased to offer for purchase a 8plex apartment building in the Hamilton Park / N. Highlands neighborhood on Fort Wayne's west side. The property is consists of eight (8) apartments: six (6) one-bedroom, one bathroom units and two (2) efficiency units. Many of the units have been rehabbed to include flooring, paint, fixtures, and other quality finishes. All apartments are 100% occupied. The six (6) one-bedroom units are master leased until 2019 with rents guaranteed by a local non-profit via the Shelter Plus Care Grant. Last annual rent increase of 5% was Nov. 2014. Tenant pays additional rent of $30/month/unit for June, July, & August for Landlord to install window A/C units. Please do not disturb tenants; showings by appointment only. This property is one of a package of eight investment properties that can be purchased individually or together as a portfolio. Sales Info: ■ Commision split: 50.0% Location Description: The property is within walking distance to the Kroger shopping center on West State Blvd. and the bus line. Nice residential area close to Hamilton Park. Highlights: ■ 10% Cap Rate ■ 100% Occupancy ■ Guaranteed Rental Income ■ Suitable For First Time Investor or Experienced Landlord « show less Sperry Van Ness is pleased to offer for purchase a 8plex apartment building in the Hamilton Park / N. Highlands neighborhood on Fort Wayne's... show more » View Details Sperry Van Ness is pleased to offer for purchase a 8plex apartment building in the Hamilton Park / N. Highlands neighborhood on Fort Wayne's west side. The property is consists of eight (8) apartments: six (6) one-bedroom, one bathroom units and two (2) efficiency units. Many of the units have been rehabbed to include flooring, paint, fixtures, and other quality finishes. All apartments are 100% occupied. The six (6) one-bedroom units are master leased until 2019 with rents guaranteed by a local non-profit via the Shelter Plus Care Grant. Last annual rent increase of 5% was Nov. 2014. Tenant pays additional rent of $30/month/unit for June, July, & August for Landlord to install window A/C units. Please do not disturb tenants; showings by appointment only. This property is one of a package of eight investment properties that can be purchased individually or together as a portfolio. Sales Info: ■ Commision split: 50.0% Location Description: The property is within walking distance to the Kroger shopping center on West State Blvd. and the bus line. Nice residential area close to Hamilton Park. Highlights: ■ 10% Cap Rate ■ 100% Occupancy ■ Guaranteed Rental Income ■ Suitable For First Time Investor or Experienced Landlord Listing company: Sperry Van Ness Commercial Real Estate Advisors Pricing: $230,000 Availability: Now Listing ID: 681536 Save to list

Multi-Family Space

For sale: $230,000

4,000 sqft

Sperry Van Ness is pleased to offer for purchase a 8plex apartment building in the Hamilton Park / N. Highlands neighborhood on Fort Wayne's... show more »

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1212 Putnam St, Fort Wayne, IN 46808

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