Indiana
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Evansville
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47715
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Lorraine Park
1100 South Weinbach Ave - 1100 South Weinbach Ave, Evansville, IN 47715
For Sale
Multi-Family
For Sale
This property is available for sale
3.06
Acres
$4,800,000
Sale Price
-
Year Built
1970
-
Total Building Size
79,552 RSF
-
Overview
* Great value add opportunity in a very strong rental market. Lexbrook Apartments is a 140 unit complex on Evansville's East side. Located 5 minutes from University of Evansville. This asset needs a new owner to increase occupancy and update units to raise rents. Increased rents can be realized through investment in both unit upgrades and exterior improvements.
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Property Details
* Great value add opportunity in a very strong rental market. Lexbrook Apartments is a 140 unit complex on Evansville's East side. Located 5 minutes from University of Evansville. This asset needs a new owner to increase occupancy and update units to raise rents. Increased rents can be realized through investment in both unit upgrades and exterior improvements.
- Property TypeMulti-Family
- Submarket
- Year Built1970
- Sale Price$4,800,000
- Total Building Size79,552RSF
- Total Acres3.06
- Sale StatusAvailable
- Property ID2007350
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