211 Shenandoah Pl Henderson, KY 42420

This portfolio consists of four houses located at 201 Shenandoah Place, 202 Shenandoah Place, 211 Shenandoah Place and 212 Shenandoah Place in Henderson, Kentucky. The properties, each featuring two-bedroom units with an average floor plan size of 1,200 square feet, present a value-add opportunity through interior renovations such as new countertops, flooring, cabinets, lighting, and fixtures. Currently self-managed, the properties could benefit from a professional management team to improve operations. The location provides convenient access to major Henderson employers, including Tyson Foods, Gibbs Die Casting, River View Coal, Century Aluminum, and Big Rivers Electric. Recent economic developments in Henderson include investments from Alliance Coal, Elkamet, Pratt Paper, Hydro Aluminum, Accuride Corp., SITEX Corp., and Columbia Brands, as well as the construction of a Precision Power facility and a high-pressure natural gas line. The portfolio is also located within 20 minutes of Evansville’s premier shopping centers, such as the 215-acre Promenade Development, Eastland Mall, East Lloyd Commons, and Evansville Pavilion. The Evansville area is home to major employers like Deaconess Hospital, Berry Global, St. Vincent Evansville, Koch Enterprises, TJ Maxx, and the University of Southern Indiana. Additionally, the properties offer access to demand drivers in Owensboro, including Towne Square Mall, Gateway Commons, Owensboro Health Regional Hospital, and employers such as US Bank Home Mortgage and Specialty Food Group.