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Old Tyme Ct Evansville, IN 47711

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For Sale
$6,049,000

Fully operational, high-performing furnished rental business in Evansville, Indiana.

Property size:
17,340 SF

Property Features for Old Tyme Ct

General Information

Size
17,340 SF

Building Details

Year built
2024

Source: Scott Edmond Agent Scott Edmond

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Evansville Furnished Rental Business Opportunity

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
-87.49335
Latitude
38.034587

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 Ct 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.
More about this property
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