Property Overview
Price/Rent PSF $ 2,565,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 44,880
Date Available 05/08/2019
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Floors 2
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Description

Location
Green Valley Apartments is located in Mt Vernon, IN, county seat of Posey County and part of the Evansville/Henderson IN/KY MSA. Mt Vernon is home to one of busiest river ports in the midwest and has a skilled and highly paid workforce.

Sale
SVN | The Martin Group is proud to offer for sale Green Valley Apartments, a 68-unit garden-style apartment community located in the City of Mt Vernon, Indiana. The 8 buildings that comprise this complex are nearly identical and with full brick exterior, concrete streets and parking lots, and second story concrete walkways. This community is located on quiet street within walking distance from a grocery and a short distance from the area high school.

Green Valley includes a mix of 1 and 2-bedroom units, plus one 3-bedroom unit used by a former manager. Built in 1980, the owners updated the property with new windows in 2007, replaced roofs on five buildings in 2008, and replaced a sixth roof in 2010. The owner also replaced most stairways in 2018.

Units are all electric and separately metered. The property has a community coin laundry. Landlord pays water, sewer, trash and basic cable.

Location