Henderson Multifamily
211 Shenandoah Pl, Henderson, KY 42420
Portfolio of four houses near Henderson employers and Evansville retail.
Type:Multifamily
Property size:
1,200 SF- Added:
- Dec 6, 2023
- Days on Market:
- 909
- Last Refresh:
- May 12 at 9:06 pm
Property Features for 211 Shenandoah Pl
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing agent John Seale License #Kentucky: 240217
Listing office The Kirkland Company
Listing date Dec 6, 2023
Source Crexi
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
HighLights
- VALUE‑ADD OPPORTUNITY: Increase rents by renovating interiors.
- PROXIMITY TO HENDERSON EMPLOYERS: Quick access to Tyson Foods and Gibbs Die Casting.
- RECENT HENDERSON ECONOMIC DEVELOPMENTS: Benefit from area investments, including Pratt Paper's $500 million project.
- MANAGEMENT UPSIDE: Improve operations with a professional management team.
- PROXIMITY TO EVANSVILLE’S BEST RETAIL: Located within 20 minutes of premier shopping centers.
- LARGE FLOOR PLANS: Spacious 1,200 SF, 2‑bedroom units.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Henderson
- State
- Kentucky
- Longitude
- -87.5731251
- Latitude
- 37.8752821
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Portfolio of four houses near Henderson employers and Evansville retail.
Where is this multifamily property located?
The property is located at 211 Shenandoah Pl Henderson, KY.
What are key features of this property?
This property features: VALUE‑ADD OPPORTUNITY: Increase rents by renovating interiors.; PROXIMITY TO HENDERSON EMPLOYERS: Quick access to Tyson Foods and Gibbs Die Casting.; RECENT HENDERSON ECONOMIC DEVELOPMENTS: Benefit from area investments, including Pratt Paper's $500 million project.
