Log In/Sign Up
Your email has been sent.
Tuscany Bay Apartments 100 River Rd 96 Unit Apartment Building For Sale Lawrenceburg, IN 47025
Investment Highlights
- Low-Rate Assumable Debt
- 1999 Construction With Minimal Competition
- Connected to Cincinnati Economy
- Clear, Proven Value-Add Upside
- 488-Unit Portfolio Opportunity
- Growing, Amenity-Rich Community
Executive Summary
???????Tuscany Bay is a 96-unit, 1999-built multifamily community in Lawrenceburg, Indiana, offering a clear and proven value-add opportunity within the Cincinnati commuter shed. The property features assumable Freddie Mac debt at a highly attractive 5.29% interest rate with interest-only payments through June 2028, enabling strong near-term cash flow while executing a renovation program that has already demonstrated ~$180/unit/month rent upside. With limited competitive supply, large two- and three-bedroom floor plans, and post-renovation rents still well below new construction, Tuscany Bay presents a compelling repositioning play with durable demand drivers and downside-protected growth.
Property Facts
| Sale Type | Investment | Lot Size | 9.00 AC |
| No. Units | 96 | Building Size | 108,969 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1999 |
| Building Class | B | Parking Ratio | 1.22/1,000 SF |
| Zoning | R-3 | ||
| Sale Type | Investment |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.00 AC |
| Building Size | 108,969 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1999 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Clubhouse
- Fitness Center
- Playground
- Property Manager on Site
- Package Service
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 48 | - | 990 |
| 3+2 | 48 | - | 1,180 |
1 1
Property Taxes
| Parcel Number | 15-07-21-900-016.000-013 | Improvements Assessment | $1,930,400 |
| Land Assessment | $450,000 | Total Assessment | $2,380,400 |
Property Taxes
Parcel Number
15-07-21-900-016.000-013
Land Assessment
$450,000
Improvements Assessment
$1,930,400
Total Assessment
$2,380,400
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Tuscany Bay Apartments | 100 River Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.