Multifamily

Anthony Square Carriage Homes

1001 S 6th St, Terre Haute, IN 47807

Listing Price: $1,600,000

Cap Rate
6.96%
Number of Units
22
GRM
7.56
Occupancy
100.00%
Price/Unit
$72,727
Price/Gross SF
$79.08
Gross SF
20,232

Investment Overview

Marcus & Millichap is pleased to offer the Anthony Square Carriage Homes in the Historic Farrington Grove District in Terre Haute, Indiana. There are a total of (3) buildings. The unit mix consists of (22) units containing (10) one bedroom, one bath 786 sq.ft. units and (2) one bedroom one bath 866 sq. ft. units with attached garages. There are also (12) two bedroom, one and one half bath 1064 sq. ft. units with attached garages. Anthony Square Carriage Homes are offered as a portfolio with Spring Hill Commons (46 Units) and Maryland School Apartments (39 Units). All properties are in close proximity in Terre Haute. The properties can be purchased as a portfolio or individually.

Terre Haute is a city in and the county seat of Vigo County, Indiana, United States, near the state's western border with Illinois. Much of the city's resiliency can be attributed to the diversity of the local economy. Once known for a traditional economy built on iron and steel, glass, and mining, Terre Haute has evolved to a global economy driven by advanced manufacturing industries. Automotive OEM's, steel manufacturing, plastics, and food are just a few of the many business sectors that are growing and succeeding here. Some of the most established nationally and internationally known companies within the plastics and chemical sectors operate in Terre Haute, including Ampacet, Amcor, Taghleef, Tredegar, and Verdeco. These brands are one major reason why this community has a large plastics and chemical industry sector workforce within the state.

Terre Haute has four colleges and universities among which include Indiana State University (12,000 Enrollment), which draws students from all over the world. Renowned private schools such as Rose-Hulman Institute of Technology and Saint Mary-of-the Woods College also call Terre Haute home. And Ivy Tech Community College is widely regarded as offering some of the most comprehensive and advanced vocational and technical programs in the U.S. All are magnets for top talented students.

Dont miss this opportunity to own (107) well managed and maintained units including Springhill Commons and Maryland School Apartments.

Investment Highlights

  • (22) Units Located in the Historic Farrington Grove District of Terre Haute
  • Offered as a Portfolio with Springhill Commons and Maryland School Apartments
  • Newer Construction - Built in 1999 - High Quality Brick Construction
  • Fully-Equipped Kitchens , Walk-in Showers,
  • Patios Overlooking Walking Path Courtyard
  • Individual Heating and A/C Units

Exclusively Listed By

Multifamily

Anthony Square Carriage Homes

Listing Price: $1,600,000

Cap Rate
6.96%
Number of Units
22
GRM
7.56
Occupancy
100.00%
Price/Unit
$72,727
Price/Gross SF
$79.08
Gross SF
20,232

Investment Highlights

  • (22) Units Located in the Historic Farrington Grove District of Terre Haute
  • Offered as a Portfolio with Springhill Commons and Maryland School Apartments
  • Newer Construction - Built in 1999 - High Quality Brick Construction
  • Fully-Equipped Kitchens , Walk-in Showers,
  • Patios Overlooking Walking Path Courtyard
  • Individual Heating and A/C Units

Investment Overview

Marcus & Millichap is pleased to offer the Anthony Square Carriage Homes in the Historic Farrington Grove District in Terre Haute, Indiana. There are a total of (3) buildings. The unit mix consists of (22) units containing (10) one bedroom, one bath 786 sq.ft. units and (2) one bedroom one bath 866 sq. ft. units with attached garages. There are also (12) two bedroom, one and one half bath 1064 sq. ft. units with attached garages. Anthony Square Carriage Homes are offered as a portfolio with Spring Hill Commons (46 Units) and Maryland School Apartments (39 Units). All properties are in close proximity in Terre Haute. The properties can be purchased as a portfolio or individually.

Terre Haute is a city in and the county seat of Vigo County, Indiana, United States, near the state's western border with Illinois. Much of the city's resiliency can be attributed to the diversity of the local economy. Once known for a traditional economy built on iron and steel, glass, and mining, Terre Haute has evolved to a global economy driven by advanced manufacturing industries. Automotive OEM's, steel manufacturing, plastics, and food are just a few of the many business sectors that are growing and succeeding here. Some of the most established nationally and internationally known companies within the plastics and chemical sectors operate in Terre Haute, including Ampacet, Amcor, Taghleef, Tredegar, and Verdeco. These brands are one major reason why this community has a large plastics and chemical industry sector workforce within the state.

Terre Haute has four colleges and universities among which include Indiana State University (12,000 Enrollment), which draws students from all over the world. Renowned private schools such as Rose-Hulman Institute of Technology and Saint Mary-of-the Woods College also call Terre Haute home. And Ivy Tech Community College is widely regarded as offering some of the most comprehensive and advanced vocational and technical programs in the U.S. All are magnets for top talented students.

Dont miss this opportunity to own (107) well managed and maintained units including Springhill Commons and Maryland School Apartments.

Exclusively Listed By

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