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4808 Old Tyme Court
Evansville, IN 47711
The Flats at Keystone · Multifamily Property For Sale
·
18 Units
Investment Highlights
- 8.1% CAP as a self managed property
- Established clientele and corporate relationships
- New construction with high-end finishes
- 24.0% IRR on a 10-year hold with market 80/20 financing
- Occupancy was 87% in 2025 presenting further upside potential with increased utilization
Property Facts
| No. Units | 18 | Lot Size | 1.63 AC |
| Property Type | Multifamily | Building Size | 17,340 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | B | Year Built | 2023 |
| Zoning | C-2 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 17,340 SF |
| Average Occupancy | 87% |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | C-2 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 785 |
| 2+2 | 6 | - | 1,320 |
Property Taxes
| Parcel Number | 82-06-02-002-151.031-019 | Improvements Assessment | $0 |
| Land Assessment | $700 | Total Assessment | $700 |
Property Taxes
Parcel Number
82-06-02-002-151.031-019
Land Assessment
$700
Improvements Assessment
$0
Total Assessment
$700
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