|
$3,090,000
|
| | Total Units | 132 | |
| | No. of Buildings | 14 | |
| | Land Acres | 7.30 | |
| | Building S.F. | 74,560 | |
| | Cross Street | Laubscher Road | |
| | Tax Parcel Number | Multiple Parcels | |
| | Market | Evansville | |
| | Sub Market | North Side | |
| | Year Built | 1973 | |
| | No. of Stories | 2 | |
| | Year Renovated | 2008 | |
| | Occupancy | 91.67 % | |
| | Location Class | B | |
| | Building Class | C | |
| | Roof Type | Pitched Composite | |
| | Zoning Type | R-3 | |
| | Foundation Type | Slab | |
| | HVAC | Thru Wall/Baseboard | |
| | Cable TV | Yes | |
| | Internet Access | Yes | |
| | Clubhouse | Yes | |
|
|
|
|
|
6907 Sweet Gum Court Evansville, IN 47710
|
Property Description
This excellently maintained property sits on 3.9 acres with the remainder of the land being considered excess ground. The property has recently received numerous updates including parking lot, roofs, unit renovations, appliances, paint, and a new laundry/office building. The property is well managed and since the 2007 renovations the vacancy is less than 10% and are leasing up at asking rent.
|
Amenities/Facilities
New laundry/office building, new windows with mini blinds, direct entrance to units, secluded neighborhood, stored-value laundry cards, 24 hour maintenance response, and garbage disposal.
|
Location Description
The properties immediate area is in the northern section of Evansville located just west of 1st Avenue in a secluded setting away from busy streets. Demand for apartment housing has been historically high in this area. The area is predominantly residential uses with a mix of commercial along 1st Avenue.
|
|