317-269-1000
100 River Rd, Lawrenceburg, IN for Sale
Apartments - FOR SALE
1/14
null | Request Cap Rate

100 River Rd
Lawrenceburg, IN 47025


HIGHLIGHTS

  • Low-Rate Assumable Debt
  • Clear, Proven Value-Add Upside
  • 1999 Construction With Minimal Competition
  • 488-Unit Portfolio Opportunity
  • Connected to Cincinnati Economy
  • Growing, Amenity-Rich Community

OVERVIEW

???????Tuscany Bay is a 96-unit, 1999-built multifamily community in Lawrenceburg, Indiana, offering a clear and proven value-add opportunity within the Cincinnati commuter shed. The property features assumable Freddie Mac debt at a highly attractive 5.29% interest rate with interest-only payments through June 2028, enabling strong near-term cash flow while executing a renovation program that has already demonstrated ~$180/unit/month rent upside. With limited competitive supply, large two- and three-bedroom floor plans, and post-renovation rents still well below new construction, Tuscany Bay presents a compelling repositioning play with durable demand drivers and downside-protected growth.

FOR SALE DETAILS

PRICE

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# OF UNITS

96

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tuscany Bay Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

200

LAND DETAILS

LAND ACRES

9 AC

LAND SF

392,040 SF

ZONING

R-3

APN/PARCEL ID

15-07-21-900-016.000-013

ASK ABOUT THIS PROPERTY

Cameron BenzCBREMore Info
317-269-1000

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Cameron BenzCBREMore Info
317-269-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.