Jefferson Place

Sold | $7,300,000

Fortville, IN | 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.