Jefferson Place – INCOME PROPERTY ORGANIZATION

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Jefferson Place

SOLD: $7,300,000

602 Bradley Dr, Fortville, IN 46040
Property Type: Multifamily
Number of Units: 50
Price Per Unit: $146,000

Listing Agent: Kevin Jahnke

Location

EXECUTIVE SUMMARY:

Jefferson Place Apartments boasts 50 spacious apartment units. The unit mix consists of 12 one-bedroom, 24 two-bedroom, and 14 three-bedroom apartment homes, measuring 791, 1050 and 1,207 square feet, respectively. The apartments were built in 2002, have a fresh modern look, and have been well maintained with all roofs being replaced in the last 5 years. Jefferson Place is operating at 92% physical occupancy and has maintained this level, and higher, historically.

Jefferson Place represents a well located asset near Indianapolis, in the quickly-expanding Hancock County, poised for new ownership with a value-add mentality

MEET OUR TEAM

Founder | Managing Member, Michigan | Sales Associate, Kentucky

Associate Broker, Michigan | Broker, Illinois

A.J. Beachum, J.D.

Associate Broker, Michigan | Broker, Ohio

Associate Broker, Michigan | Managing Broker, Indiana

Sales Associate, Michigan, Ohio, & Kentucky

Sales Associate, Michigan

Paul McHugh, J.D.

Managing Broker, Kentucky | Associate Broker, Ohio | Sales Associate Michigan

Associate Broker, Michigan | Executive Assistant

Broker, Indiana | Sales Associate, Michigan & Ohio

Sales Associate, Michigan & Ohio