
Lofts on 3rd
Multifamily | 9.79% CAP | 52 Units
Marketing description
Introducing an exceptional investment opportunity in New Albany, IN. This impressive property, offering 52 units, underwent a comprehensive renovation in 2019, ensuring a modern and attractive living space for residents. With a remarkable 92.3% occupancy rate, the property demonstrates strong demand and stability. The multifamily, low-rise/garden design is positioned to provide an excellent return on investment in a desirable location. Boasting updated amenities and a well-maintained exterior, this property showcases the potential for long-term profitability and success. Don't miss the chance to capitalize on this thriving investment in the dynamic New Albany area.
Investment highlights
Three Building in Downtown New Albany
310 E Elm Street
309 E Spring Street
303E Spring Street
Was updated in 2019
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