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USAINHope164 Butner Dr
aerial perspective of suburban area with property boundaries highlighted | Image 1
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$1,600,000

164 Butner Dr, Hope, IN

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi-Family 5+
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 17
Approx. Age 1975
MLS® Number 22040577

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Goshen Meadows! A rare opportunity to acquire a fully rented, professionally maintained 18-unit apartment complex in the heart of Hope, Indiana. This income-producing property includes three separately addressed buildings (161, 162, and 164 Butner Drive), each offering six units-12 two-bedroom and 6 one-bedroom apartments, all with one bathroom. Many units feature thoughtful interior updates, including newer kitchen cabinets, luxury vinyl plank flooring, and modern lighting-enhancing both tenant appeal and rental value. All units are in market-ready condition. Situated just minutes from Columbus and Hope's charming town square, great schools, and popular eateries, the property benefits from strong rental demand, zero vacancy, and a stable tenant base. Several leases are scheduled for rent increases, offering immediate upside while ensuring long-term cash flow stability. For buyers seeking financing, we can connect you with trusted lender partners who may offer favorable terms. Out-of-state investors can also take advantage of our vetted property management referrals to make ownership easy and seamless. This is a truly turnkey multifamily investment, ideal for experienced investors or those looking to expand their portfolio with a reliable, income-generating asset.Show Description
MLS® Number22040577
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorExterior Handicap Accessible, Storage Shed
GarageNo
Approx. Age1975
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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