Renovated Multifamily Property in
309 East Spring Street New Albany, IN 47150
For Sale
Contact for pricing
52-unit multifamily property in New Albany, Indiana, renovated in 2019.
Days on Market69
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
Changed: Jul 10
Last Checked: Jul 28 at 11:46AM
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
Frequently Asked Questions
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.
