1632 Greentree Blvd Clarksville, IN 47129
- Commercial real estate
- 1.56 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1632 Greentree Blvd
- Year built
- 1969
- Lot size
- 1.56 lot acres
- Property type
- Commercial real estate
- APN
- 102403200922000013
Description
This exceptional 32-unit apartment building in Clarksville, Indiana, presents a compelling investment opportunity. Situated on a 1.56-acre lot (APN: 102403200922000013), this property consists of three, two-story buildings constructed in 1969 and zoned for multifamily use. The complex boasts 31 one-bedroom and one two-bedroom unit, offering a diverse rental mix. Recent capital improvements significantly enhance the property's value and appeal. These upgrades include new windows and exterior doors on all buildings, a completely repaved and restriped parking lot, fresh exterior paint, and new roofs installed in 2020. Interior improvements are equally impressive, with all units and tenants having been turned over within the last 18 months. Furthermore, the on-site coin laundry features brand-new machines installed in August 2023, and three of the four hot water heaters were replaced in 2024, with the remaining one replaced in 2022. This stabilized multifamily property, located in a desirable and growing area, offers investors a chance to acquire a well-maintained asset with a strong potential for return. The asking price is $3,100,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Clark
- State
- Indiana
- Longitude
- -85.7667917
- Latitude
- 38.3221216
