Shenandoah Townhomes is a 20-unit turnkey multifamily community in Henderson featuring spacious townhome-style floorplans and approximately $600,000 in recent and ongoing capital improvements. Built in 1973 with durable brick construction, the property has undergone extensive upgrades including new roofs, renovated kitchens with granite countertops and new cabinetry, updated flooring, modern fixtures, and renovated interiors throughout. Additional improvements currently in progress are expected to be completed prior to closing, minimizing near-term capital needs for new ownership. The property features primarily 2-bedroom, 1.5-bath units averaging approximately 1,205 square feet and currently achieves average rents of approximately $1,160 per unit. Positioned at the top of the Henderson apartment market with luxury-level finishes and oversized unit layouts, Shenandoah Townhomes also benefits from convenient access to major employers, retail centers, and the broader Evansville employment base just 15–20 minutes away.