THIS PROPERTY WILL SELL AT PUBLIC AUCTION ON TUESDAY, AUG. 2ND AT 6:00 PM - Lake of the Woods Apartment Community - Outstanding opportunity to purchase a small apartment community with tremendous upside potential. This multi-family investment property is great for a hands on owner/manager. The property consists of 5 buildings: two 2 story buildings and three 1 story buildings. Unit mix includes (2) 2-Bedroom / 1 Bath upstairs units; (8) 2-Bedroom / 1 Bath downstairs unit; (2) 1 Bedroom / 1 Bath upstairs units and (7) 1 Bedroom / 1 Bath downstairs units. Includes Parcel #'s - 01-11-29-203-001.000-019; 01-11-29-203-006.000-019; 01-11-20-400-001.000-019. - STRONG RENTAL HISTORY - PRIME LOCATION ADJACENT TO LAKE OF THE WOODS - EASY TO MANAGE PROPERTY.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
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Lot width
162 ft.
Lot depth
231 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Adams County
APN
01-11-29-203-001.000-019
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 28, 2023.
Property details
Parking
Parking/Garage Information
# of Open Parking Spaces: 35
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 19
# of Main Level Bathrooms: 29
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Baseboard
Interior Features
Appliances: Range, Refrigerator
Room Information
Basement Details: Crawl Space
Exterior
Building Information
Above Grade Finished Area: 12,520
Construction Materials: Aluminum Siding
Property Features
Pets Allowed: Breed Restrictions
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Apartment Complex
Lot Information
Lot Features: Level
Lot Size Dimensions: Irregular
Lot Size Acres: 2.24
Financial
Tax Information
Tax Annual Amount: $7,658
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
School District: South Adams
Elementary School: South Adams
Middle Or Junior School: South Adams
High School: South Adams
Location Information
Directions: 35 miles south of Fort Wayne on US 27 to State Rd. 116 in Geneva then West approximately 1/4 mile to County Rd. 500 W. Then North 1/2 Mile - to Lake of the Woods - Watch for Auction Signs.
Subdivision Name: Lake of the Woods
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Adams County
APN: 01-11-29-203-001.000-019
Home facts updated by county records on May 28, 2023
Other
Listing Information
List AOR: Upstate Alliance of REALTORS
Around this home
Schools
South Adams Elementary School
Public PreK-5 • Assigned • 3.3mi
7/10
South Adams Middle School
Public 6-8 • Assigned • 3.4mi
8/10
South Adams High School
Public 9-12 • Assigned • 3.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Geneva, IN • 46740
Average low and high temperatures (°F)
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81
54
69
45
52
37
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26
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Feb
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Sun exposure
In this area, properties receive around 10.5 hours in
June and 3.3 hours in December, which is comparable to the
U.S. average for solar exposure.
10.5 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
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