Affordable Multifamily Housing
2718 Zion Road Henderson, KY 42420
2718 Zion Road, Henderson, KY, 42420
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For Sale
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48-unit affordable community built in 1998 with 2- and 3-bedroom units and in-unit washer/dryer hookups.
Property Size40,640 SF
Days on Market15
Property Features for 2718 Zion Road
General Information
- Standard status
- Active
- Size
- 40,640 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1998
Listing agency
The Kirkland Company
Listed by
Brian Devlin · License #222755
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 2:33AM Checked: Jul 21 at 5:36AM
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 The Kirkland Company
Investment Insights
Based on property information with market context.
Cambridge Pointe is a 48-unit affordable housing community built in 1998 in Henderson, Kentucky. The property features all 2- and 3-bedroom floor plans and includes in-unit washer/dryer connections. Current occupancy is reported at 91.67%.
The asset has been maintained with approximately $17,300 per unit in capital improvements, including flooring, appliances, asphalt overlay, siding, roofs, entry doors, and HVAC replacements. Ownership also benefits from a scheduled 2028 LIHTC restriction expiration, with no decontrol period provisions noted in the materials.
The asset has been maintained with approximately $17,300 per unit in capital improvements, including flooring, appliances, asphalt overlay, siding, roofs, entry doors, and HVAC replacements. Ownership also benefits from a scheduled 2028 LIHTC restriction expiration, with no decontrol period provisions noted in the materials.
Key Highlights
- 48‑unit affordable housing community built in 1998 in Henderson, Kentucky (Evansville, IN MSA)
- All units are 2- and 3‑bedroom floor plans with in‑unit washer/dryer connections
- 91.67% occupancy reported
Property Analytics
Location Intelligence
Current Use by Public Records
Cambridge Pointe Apartments
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 48-unit affordable community built in 1998 with 2- and 3-bedroom units and in-unit washer/dryer hookups.
Where is this apartment building located?
The property is located at 2718 Zion Road Henderson, KY.
What are key features of this property?
This property features: 48‑unit affordable housing community built in 1998 in Henderson, Kentucky (Evansville, IN MSA); All units are 2- and 3‑bedroom floor plans with in‑unit washer/dryer connections; 91.67% occupancy reported
