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8 APARTMENTS + GARAGE/STORAGE | ASKING PRICE $600,000
$560,000
Location
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Muncie, IN 47302
Details
- Type: Multi Family
- Bedrooms: 12
- Bathrooms: 8
- Square Feet: 8500
- Total Units: 9
Description
🏢 8-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY – MUNCIE, IN
💰 Asking Price: reduced to $560,000
🔥 Approximately $530,000 Already Invested
💥$200K+ Instant Equity When Finished!
• 4 Two-Bedroom Units
• 3 One-Bedroom Units
• 1 Studio
• Massive Garage/Storage Unit (1,600 Sq Ft)
💵 Projected Rent: $8,300 by/mo | $99,600/year
🔨Estimated $60K–$80K remaining to completion
✅ Major construction & rough-in inspections completed
📈 Illustrative Stabilized NOI: $70,832
🏠 Value @ 8% Cap: $885,400
📞 Message for the full Investment Offering & additional details.