Evansville Furnished Rental Business
Old Tyme Court, Evansville, IN 47711
Fully operational, high-performing furnished rental business in Evansville, Indiana.
Type:Multifamily
Property size:
17,340 SFPrice / SF:
$348/SF- Added:
- Nov 21, 2025
- Days on Market:
- 178
- Last Refresh:
- Apr 5 at 10:30 pm
Property Features for Old Tyme Court
General Information
- Standard status
- Active
- Size
- 17,340 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing agent Scott Edmond License #IN #RB15000270 (812) 436-1113
Listing office (812) 436-1113
Listing date Nov 21, 2025
Source Naiglobal
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Scott Edmond
HighLights
- High‑performing, fully operational furnished rental business with a 7.6% CAP rate.
- Purpose‑built for corporate housing with consistently high occupancy and established relationships with major Evansville employers.
- Prime location at Green River and Heckel Roads, providing easy access to dining, shopping, and nightlife.
- Fully furnished units with stainless steel appliances, luxury bedding, in‑unit laundry, and Smart TVs.
- Two distinct floor plans available: The Belvedere (2 bed/2 bath with attached garage) and The Belfry (2 bed/1 bath).
- New construction (2024) with brick exterior and high‑end finishes.
Overview
The Flats at Keystone offers the opportunity to acquire a fully operational furnished rental business in Evansville, Indiana. Purpose-built to serve the region’s corporate housing needs, this flex-term rental community combines residential comfort with hotel-style convenience. The property offers two distinct floor plans: The Belvedere, a 2-bed, 2-bath unit with 1,320 sq ft, attached garage, porch, and patio; and The Belfry, a 2-bed, 1-bath unit with 785 sq ft and dedicated parking. Each unit is fully furnished with stainless steel appliances, luxury bedding, in-unit laundry, and 55" Smart TVs. High-speed internet and complimentary membership to B-Fit Gym enhance the guest experience. The Flats at Keystone maintains consistently high occupancy, driven by relationships with many of Evansville’s top employers, and has served the corporate housing needs of companies such as Toyota Motor Manufacturing, PGP International, Babcock & Wilcox, Seal Corp, Deaconess Health, and Ascension St. Vincent. These relationships generate repeat business and stable cash flow, positioning the property as a trusted housing solution for executive teams, travel nurses, and project-based professionals. The property is new construction with a brick exterior and high-end finishes. Situated at the intersection of Green River and Heckel Roads, The Flats at Keystone are located in one of Evansville's sought-after communities, with access to dining, shopping, and nightlife along Green River and Burkhardt Roads. The property has easy access to I-69 and major roadways and is close to the airport. The property size is 17,340 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Serviced apartments
Map
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.4924
- Latitude
- 38.0339
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully operational, high-performing furnished rental business in Evansville, Indiana.
Where is this apartment building located?
The property is located at Old Tyme Court Evansville, IN.
What is the asking price?
The asking price for this property is $6,049,000.
What are key features of this property?
This property features: High‑performing, fully operational furnished rental business with a 7.6% CAP rate.; Purpose‑built for corporate housing with consistently high occupancy and established relationships with major Evansville employers.; Prime location at Green River and Heckel Roads, providing easy access to dining, shopping, and nightlife.
