Listed by Verti Commercial Real Estate
$925,000
Woodsview Drive Apartments
Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 12,000
Units 12
Cap Rate 7.29%
NOI $67,441
Occupancy 100%
Tenancy Single
Pro-Forma Cap Rate 8.42%
Pro-Forma NOI $77,921
Price per SqFt $77
Class C
Year Built 1996
Year Renovated 2025
Buildings 4
Investment Type Core
1996-Built 12-Unit | All 2BR | Fully Leased | Jeffersonville, OH at I-71 & US-35
Marketing description
Discover an exceptional investment opportunity with this impressive property on Woodsview Drive in Jeffersonville. Boasting a 12,000 SF building with 12 modern units, this meticulously renovated property offers an attractive option for multifamily/low-rise/garden investors. Built in 1996 and renovated in 2025, it stands as a testament to quality and longevity. With a prime Jeffersonville location and 100% occupancy, this property exemplifies stability and potential for a lucrative return on investment.
Don't miss the chance to add this thriving asset to your portfolio and reap the rewards of a well-maintained, high-performing property.
Investment highlights
- A 12-unit apartment property built in 1996, fully leased, sitting just off the I-71/US-35 interchange in Jeffersonville
- All twelve units are the same — 2-bedroom, 1-bath, 825 square feet — which keeps operations, pricing, and turns straightforward
- Current rents are $828 per month and have room to move to $900 based on what nearby properties are charging today, with no renovation required to get there
- A new owner steps into existing cash flow on day one rather than buying into a lease-up or a renovation timeline
- The property sits next door to the Honda-LG battery plant, an Amazon Web Services data center site, and a 1,500-acre industrial mega-park — thousands of new jobs are landing in a village of roughly 1,200 people with almost no competing rental supply
Listing Contacts
Listed by Verti Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,441.00
$5,620.08/mo
Valuation Metrics
0
DSCR
7.29%
Cap Rate
7.29%
ROI
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