27,141 Square Foot Multi-Family Space For Sale @ 2121 Engle Rd

2121 Engle Rd, Fort Wayne, IN 46809

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Neal B.

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Indiana Village Manor is a 22-unit apartment community in an outstanding rental location. Built in 1962, the property consists of one two-story apartment building containing 13 two-bedroom units, 8 three-bedroom units, and 1 one-bedroom unit. Units are all electric and individually metered; Landlord pays water/sewer & trash. Property amenities include 24 one-car detached garage units with new metal roofing, coin laundry facility with property-owned machines, secure tenant basement storage units, and apartments feature spacious floor plans, dishwashers, garbage disposals, and many recent improvements.

Sales Info:
■ Commision split: 6.0%

Location Description:
The subject property is located at the busy intersection of Bluffton Road & Engle Road in the Indian Village neighborhood of Fort Wayne, Indiana. This is a great rental area within minutes of major retail, entertainment, industrial, and schools.

Highlights:
■ 22 Three Bedroom & Two Bedroom Units Attractively Priced at $29,000 per Door
■ Multiple Opportunities to Increase Revenue and Income Stream
■ Manageable Size: Excellent Opportunity for Hands-On Owner/Manager
■ All-Brick Exterior and Many Recent Property Improvements

Listing company: Sperry Van Ness Commercial Real Estate Advisors

Pricing: $570,000

Availability: Now

Listing ID: 585544


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Sale Price: $570,000

Size: 27,141 square feet

Type: Multi-Family Space

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