facebook
Traded Co logo
Submit
Daily limit: 0/10

Deed Holdings – 5050, LLC Purchases Multifamily Portfolio From Streeter25, LLC For $3.7M In Muncie

Property Image
SOLD
$3,700,000

Indiana

See Similar Deals
MultiFamily
Sold 07/25/2025
the dealplayerscompscontact
Property Image
SOLD

Deed Holdings – 5050, LLC Purchases Multifamily Portfolio From Streeter25, LLC For $3.7M In Muncie

222 West Centennial Avenue & 111 East Streeter Avenue

See Similar Deals
MultiFamily
Sold 07/25/2025
Contact now

Summary

INDIANA
Asset Type:MultiFamily
Transaction Type:Sale

A 49-unit multifamily portfolio has been sold in Muncie, Indiana, consisting of properties located at 222 West Centennial Avenue and 111 East Streeter Avenue. The total sale price of the transaction was $3,700,000, resulting in a price per unit of $75,510. The properties involved in this deal include Randy’s Court and Streeter Court Apartments, built in 1978 and 1994, respectively.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,700,000
  • Buyer: Deed Holdings – 5050, LLC
  • Seller: Streeter25, LLC
  • Units: 49
  • Price Per Unit: $75,510
  • Brokers: Aaron Kuroiwa & Austin Meeker - Marcus & Millichap

The transaction was facilitated by brokers Aaron Kuroiwa and Austin Meeker from Marcus & Millichap, representing both the buyer, Deed Holdings – 5050, LLC, and the seller, Streeter25, LLC. This sale highlights their expertise in handling multifamily real estate transactions in the Muncie market.

Players

Aaron Kuroiwa
10 deals$111.5M volume
BROKER

Austin Meeker
Marcus & Millichap
5 deals$76.1M volume(317) 218-5349
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: 07/25/2025 ADDRESS: 222 West Centennial Avenue & 111 East Streeter Avenue MARKET: Muncie, IN ASSET TYPE: MultiFamily BUYER: Deed Holdings – 5050, LLC SELLER: Streeter25, LLC BROKERS: Aaron Kuroiwa & Austin Meeker - Marcus & Millichap SALE PRICE: $3,700,000 UNITS: 49 ~ PPU: $75,510 NOTE: Marcus & Millichap sold a 49-unit multifamily portfolio in Muncie, Indiana, for $3.7M, representing the seller, Streeter25, LLC, and the buyer, Deed Holdings – 5050, LLC. The deal includes Randy’s Court and Streeter Court Apartments, built in 1978 and 1994, respectively.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$197,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65