1630-1634 Greentree Blvd - Apartments FOR SALE


Clarksville, IN 47129
$3,100,000 USD
502-897-3310
1630-1634 Greentree Blvd, Clarksville, IN for Sale
$3,100,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1630-1634 Greentree Blvd
Clarksville, IN 47129


OVERVIEW

Southern Indiana Multifamily for Sale Hoagland Commercial Realtors is pleased to present for sale the Flats at Greentree Apartment Homes in Clarksville, Indiana. Located in a desirable and growing submarket, this asset presents investors with the opportunity to purchase a stabilized multifamily property that has recently undergone drastic overhaul both operationally and with regard to the physical property itself. The Flats at Greentree features thirty-one 1-br units and one 2-br unit. The facility has on-site coin laundry, with all-new machines as of August 2023. Current ownership has turned all of the units and tenants within the past eighteen months. Three out of four hot water heaters replaced in 2024, with the remaining one having been replaced in 2022. Over the past couple of years, the exterior of the property itself has received many CapEx updates, including but not limited to: • New windows and exterior doors on all buildings • New parking lot paving and striping • New paint on entirety of exterior • New roofs in 2020 Reach out to agents today for more information.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

32

PRICE/UNIT

$96,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flats at Greentree

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,693 SF

ZONING

Multifamily

APN/PARCEL ID

10-24-03-200-922.000-013

ASK ABOUT THIS PROPERTY

Christopher O'RearHoagland Commercial RealtorsMore Info
502-897-3310

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Christopher O'RearHoagland Commercial RealtorsMore Info
502-897-3310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.