Multi-family Opportunity on Evansville’s Eastside

Dexter Villas
2805 Washington Ave., Evansville, IN
 
PURCHASE PRICE  $2,220,000.
Cap Rate 8.53%

SOLD

dexter-villas

Highlights

  • Strong Apartment Rental Rate
  • Long Term Hold by Current Owners
  • Great addition to current portfolio, or excellent property for beginning investors
  • Very well maintained complex

Rental Units
Dexter Villa Apartments is a three-story complex, built in 1973, consisting of:

  • (36) one bedroom apartments
  • (24) two bedroom apartments

Location

  • Easy access to all areas of Evansville, I-69 and Highway 41, via the Lloyd Expressway
  • Close proximity to St. Mary’s Hospital, Evansville’s eastside shopping and restaurant hub and U of E

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