Renovated Multifamily Property in
309 East Spring Street New Albany, IN 47150
309 East Spring Street, New Albany, IN, 47150
Contact for pricing
For Sale
Contact for pricing
52-unit multifamily property in New Albany, Indiana, renovated in 2019.
Days on Market62
Property Features for 309 East Spring Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville
Listed by
Luke Castleman · License #KY-26624
Source
Crexi
Added: May 21 Updated: Jul 10 at 1:40PM Checked: Jul 21 at 10:37AM
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 Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville
Investment Insights
Based on property information with market context.
This multifamily property in New Albany, IN, presents an investment opportunity with 52 units. The property underwent a comprehensive renovation in 2019, providing updated living spaces. The property maintains a 92.3% occupancy rate. The property features a low-rise/garden design.
Key Highlights
- High Occupancy Rate: 92.3% occupancy demonstrates strong demand and income stability.
- Recent Renovation: Comprehensive renovation completed in 2019 provides modern living spaces.
- Multifamily Low‑Rise/Garden Design: Appealing design known for resident satisfaction.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lofts on Third
Apartment Building
Centenary United Methodist ...
Food Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 52-unit multifamily property in New Albany, Indiana, renovated in 2019.
Where is this apartment building located?
The property is located at 309 East Spring Street New Albany, IN.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: High Occupancy Rate: 92.3% occupancy demonstrates strong demand and income stability.; Recent Renovation: Comprehensive renovation completed in 2019 provides modern living spaces.; Multifamily Low‑Rise/Garden Design: Appealing design known for resident satisfaction.
