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
Sale Price: $570,000
Size: 27,141 square feet
Type: Multi-Family Space
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