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APARTMENT COMPLEX WITH 6 UNITS! GREAT INVESTMENT OPPORTUNITY! SOUTH WHITLEY, IN -

SOLD - $333,000.00



Wednesday, August 21, 2024 -- Bidding begins closing out at 6 pm


Open house/inspection: Monday, August 12th 5:30-6pm


W. Walnut St., South Whitley, IN 46787 - southwest corner of Walnut & SR 14 in South Whitley


Auction Highlights

APARTMENT COMPLEX WITH 6 UNITS! GREAT INVESTMENT OPPORTUNITY! 
Wednesday, August 21, 2024 -- Bidding begins closing out at 6 pm
W. Walnut St., South Whitley, IN 46787 - southwest corner of Walnut & SR 14 in South Whitley
Open House: Monday, August 12th 5:30-6pm


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Auction Information



SOLD!  $333,000.00

APARTMENT COMPLEX WITH 6 UNITS! GREAT INVESTMENT OPPORTUNITY! 
Wednesday, August 21, 2024 -- Bidding begins closing out at 6 pm
W. Walnut St., South Whitley, IN 46787 - southwest corner of Walnut & SR 14 in South Whitley
Open House: Monday, August 12th 5:30-6pm


  • Cleveland Township • Whitley County
  • 6 apartments with 1 Bedroom • 1 Bath 
  • $2772.00 Annual Taxes • 3276 SF 
  • Legal Description: W PT FRL PT NE4 EX .003A S4 T30 R8 .217A •  Parcel #: 92-08-04-000-248.000-002

Exceptional investment opportunity with this well-maintained 2-building apartment complex, comprising 6 units, each featuring 1 bedroom and 1 bath. With 5 out of the 6 units currently tenant occupied, this property presents a compelling income-generating prospect. The apartment complex offers a solid foundation for long-term returns, with the majority of units already providing a steady rental income. Tenant pays utilities: electric, fuel, heating, sewer, trash collection, water. Whether you're looking to expand your investment portfolio or enter the real estate market, this apartment complex stands as a promising opportunity for those seeking a reliable source of passive income in a thriving rental market.

Schedule Your Private Showing Today! Call/Text Auction Manager, Brent Ruckman, at 260.609.2155 or our office at 260.982.0238


Terms & Conditions

TERMS: 10% down day of the auction with the balance at closing. The Sellers will provide a Warranty Deed & an Owner's Title Insurance Policy at closing. If survey is required for clear title, the costs shall be split 50/50 by the Seller and Buyer(s). Buyer(s) agree to sign the purchase agreement within 24 hours of the auction ending and submit their earnest money to Metzger Property Services within the 24 hour time period via cash, check or wire transfer.  Buyer(s) agree to pay an additional $25 wire transfer fee if wiring said funds. Buyer(s) who fail to do so will be in breach of contract and are subject to damages &/or specific performance. 
RE BROKERS: Must Register Clients 24 hrs. in advance of the auction & be present with them at any & all showings they attend to receive compensation. Client Registration form is in docs. Seller has the right to accept bids prior to auction.

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