1300 Walford Dr, Jeffersonville, IN 47130

21 Unit Apartment Building | $1,975,000 ($94,048/Unit) | Jeffersonville, IN 47130

Asking Price $1,975,000

Property Type
Multifamily
Square Feet
19,922 SF

Listing Contacts

Michael Puhek

Property Overview

Here is a fantastic opportunity to own the Allison Lane Townhome Apartments, a 22 unit apartment complex in the Oak Park District of Jeffersonville. Jeffersonville is right across the river from Louisville and is trending nicely with many new commercial trade developments. Seller will NOT carry a note. Included in this sale is a 3 bedroom 1 bath home adjacent to the 22-unit apartment complex. The apartment complex consists of six - 1 bed 1 bath units and fifteen- 2 bedroom 2 bath units. Please check with the City to see if there is a possibility to add additional units where existing maintenance shed is.

Property Details

Class
C
Year Built/Renovated
1960/2022
Stories
2
Property Subtype
Dormitory
Lot Size (sq. ft)
50,094 SF
Units
21

Highlights

  • Low vacancy factor
  • Booming City with multiple developments
  • Close proxmity to Louisville, KY
  • Close proximity to shopping and parks
  • Multiple update units

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