For Sale
For Sale
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Year Built
1990
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Overview
Located in Boonville, IN The portfolio consists of Emerald Place and Eastwood Village, two luxury apartment facilities with attached garage, resident community centers, and extensive landscaping. The owner's built the property to appeal to a luxury senior class using Amish cabinetry, vaulted ceilings, and elegant facade. Both properties have been well maintained with no deferred maintenance. Just this April of 2019 at Emerald Place, the owner had all new water heaters and windows installed in all the units for preventative maintenance. Current rents are roughly $100 less than competing properties. Ask for the market survey for more information on competitive Senior apartment complexes.
Property Details
Located in Boonville, IN The portfolio consists of Emerald Place and Eastwood Village, two luxury apartment facilities with attached garage, resident community centers, and extensive landscaping. The owner's built the property to appeal to a luxury senior class using Amish cabinetry, vaulted ceilings, and elegant facade. Both properties have been well maintained with no deferred maintenance. Just this April of 2019 at Emerald Place, the owner had all new water heaters and windows installed in all the units for preventative maintenance. Current rents are roughly $100 less than competing properties. Ask for the market survey for more information on competitive Senior apartment complexes.
- Property TypeMulti-Family
- Submarket
- Year Built1990
- Sale Price$5,200,000
- Total Building Size58,000RSF
- Sale StatusAvailable
- Property ID2086192