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Home For Sale

Picture of Home For Sale in Jeffersonville, Indiana, United States

$2,200,000

1420 Spring St
Jeffersonville, Indiana, United States

17bd 17ba

Listed By: Realtyww Info

Listed On: 05/30/2023

Listing ID: GL10330931 View More Details

Description

FOR SALE-1420 Spring Street in Jeffersonville, IN, also includes 1426 Spring Street and land for future development. This apartment complex is across from Clark Memorial Hospital and is just moments away from bustling Downtown Jeffersonville. The location is less than 3 miles from Downtown Louisville, Kentucky. This complex features a total of 17 renovated residential units and a newly furnished laundry room. Please see PRO-FORMA on BROCHURE. FEATURES: - Master lease for all units with 12 of 17 units renovated and turned over to lessee - Master lease term through August 2025 with option to extend through August 2028 - 0% vacancy once final units are renovated and turned to lessee - Includes adjacent lots for development of 19-30 additional multi-family units or other possible uses - Located in an Opportunity Zone

For more details:

Listed by: Bass Group Real Estate
Source: The World Property Journal

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