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220 Harrison St
Scottsburg, IN 47170

$3,800,000 USD

Apartments For Sale  •  38,412 SF

Property Details

• Property Type Apartments
• Total Building Size 38,412 SF
• Lot Size 4.96 AC
• Building Class B
• Year Built 1999
• Zoning MF

40 Walk Score

Highlights

Desirable Low-Density Layout: Neighborhood-Like Community Featuring All-Brick, Single-Story Construction Built in 1999

100% Two-Bedroom Unit Mix: Equipped with Washer/Dryer Connections and Private Driveways

Strong Historical and In-Place Performance: Offered at an In-Place 7.33 Percent Cap Rate with Projected 8.00 Percent Year-One Cap Rate

Strong Workforce Housing Demand Drivers: Proximity to major employers in Columbus, Seymour, and River Ridge Commerce Center - Over 20,000+ employees a

?Clear Mark-to-Market Opportunity ($120/Unit Upside): Supported by comparable properties in the Scottsburg/ Seymour submarket

Amenities

• 24 Hour Access
• Microwave
• Kitchen
• Refrigerator
• Oven
• Range
• Tub/Shower
• Views