211 N Beach Dr, Monticello, IN 47960

ENTERED FOR COMP PURPOSES ONLY - 16 unit apartment building which consists of 8 1-Bed/1-Bath units and 8 2-Bed/1-Bath units & an additional 11-stall garage with attached laundry room. 1 bedrm units rent for $575 mo. (all 8 are rented) 2 bedrm units rent for $625 mo. (7 rented /1 “under construction”) * GARAGE UNITS are rented separately for $40 a month to tenants on a "1st come / 1st serve" basis: 8 garages are currently rented (1 @ $35 a month) * TENANTS PAY: All utilities * SELLER PAYS: Laundry rm. water ($70 mo.), Building lights ($250 mo. avg.), Misc. repairs ($200 mo. avg.), Lawn care ($50 mo.),Dumpster for Tenant Trash ($138 mo.). * ANNUAL TAXES: $10,042.00 ('22 pay '23). APPLIANCES: Refrigerators/oven-range stay with each unit (a few of the 2 bed units also have dishwashers). NEWER FURNACES in units 1,2,3,4. NEWER H2O HEATERS- units 1,2,5,7,8,10,14,16. 4 TENANTS are HUD subsidized.