401, 407, 415 Kensington DR, Clarksville, IN 47129
401, 407, 415 Kensington DR, Clarksville, IN 47129
401, 407, 415 Kensington DR, Clarksville, IN 47129
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$1,495,000
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202609112

Construction Status Resale

Annual Tax Amount $20,172

Property Sub-Type Multi Family

Property Description

Contact listing agent for OM and more details. The Kensington Drive Apartments consist of fifteen (15) condominium apartment units located off Eastern Boulevard in Clarksville, Indiana, approximately one-third mile from Lewis & Clark Parkway, less than one mile from Interstate 65 & 4.5 miles from downtown Louisville, KY. The property is situated within the Louisville, KY MSA and benefits from strong local rental demand and convenient regional access. The offering presents investors with immediate in-place cash flow and a clearly defined path to near term NOI growth through adjustment of legacy rents to market-supported levels. Most units have undergone extensive interior renovations within the past 3 years, materially reducing future capital expenditure risk. One member of owning entity is licensed real estate agent in Indiana and is listing agent

Location

State IN

County Clark

Interior

Fireplace No

Exterior

Present Use Multi-Family

Building

Construction Status Resale

Others

Tax ID 101401801491000012


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Listed by Lopp Real Estate Brokers
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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401, 407, 415 Kensington DR