Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Avon is located in Indiana. Avon, Indiana has a population of 20,848. Avon is less family-centric than the surrounding county with 36.88% of the households containing married families with children. The county average for households married with children is 37.73%.
The median household income in Avon, Indiana is $92,684. The median household income for the surrounding county is $87,961 compared to the national median of $69,021. The median age of people living in Avon is 36.8 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 42.1 inches per year, with 22.4 inches of snow per year.
