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1143-1163 Covert Ave
Evansville, IN 47714
The Phoenix Apartments · Multifamily Property For Sale · 39 Units

PROPERTY FACTS

No. Units 39
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.48 AC
Building Size 11,490 SF
No. Stories 3
Year Built 1974
Zoning R-4

ABOUT 1143-1163 COVERT AVE , EVANSVILLE, IN 47714

This is a great opportunity to own The PHOENIX APARTMENTS. The complex features three 13-unit brick apartment buildings located near US Highway 41 in Evansville, Indiana. All buildings are full brick exterior with steel beam construction and all interior walls are solid concrete & plaster, per seller. Current owner has worked very hard to turn these apartments around getting the units renovated and occupied for a good, positive cash flow. There is potential for increased return by completion of the final 4 units. Financials available upon request. On Covert Ave west of Hwy 41

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-33-011-035.001-027
Land Assessment
$80,600
Improvements Assessment
$1,163,800
Total Assessment
$1,244,400
  • Listing ID: 5046487

  • Date on Market: 12/1/2016

  • Last Updated:

  • Address: 1143-1163 Covert Ave, Evansville, IN 47714

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