164 Butner DriveHope, IN 47246
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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.
| 7 days ago | Listing first seen on site | |
| 7 days ago | Listing updated with changes from the MLS® |
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2025-06-04 11:53 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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