1420 Spring St | Jeffersonville, IN 47130
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1420 Spring St
Jeffersonville, IN 47130
SpringHill Apartments · Multifamily Property For Sale
·
1 Unit
INVESTMENT HIGHLIGHTS
- • Master lease for all units with 12 of 17 units renovated and turned over to lessee
- • 0% vacancy once final units are renovated and turned to lessee
- • Located in an Opportunity Zone
- • Master lease term through August 2025 with option to extend through August 2028
- • Includes adjacent lots for development of 19-30 additional multi-family units or other possible uses
PROPERTY FACTS
| No. Units | 1 | Building Size | 21,316 SF |
| Property Type | Multifamily | Average Occupancy | 70% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1922/2022 |
| Building Class | C | Parking Ratio | 0.94/1,000 SF |
| Lot Size | 1.12 AC |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 21,316 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2022 |
| Parking Ratio | 0.94/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Sunroom
- Family Room
- Pantry
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
PROPERTY TAXES
| Parcel Number | 10-19-00-102-453.000-010 | Improvements Assessment | $340,600 |
| Land Assessment | $45,100 | Total Assessment | $385,700 |
PROPERTY TAXES
Parcel Number
10-19-00-102-453.000-010
Land Assessment
$45,100
Improvements Assessment
$340,600
Total Assessment
$385,700
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