Flats at Greentree Apartment Homes

Investment Overview

Hoagland Commercial Realtors is pleased to present for sale the Flats at Greentree Apartment Homes in Clarksville, Indiana. Located in a desirable and growing submarket, this asset presents investors with the opportunity to purchase a stabilized multifamily property that has recently undergone drastic overhaul both operationally and with regard to the physical property itself. Flats at Greentree features twelve 2-br units and twenty 1-br units. The facility has on-site coin laundry, with all-new machines since August of 2023. Current ownership has turned all of the units and tenants within the past eighteen months. Over the past couple of years, the exterior of the property itself has received many CapEx updates, including but not limited to: • New windows and exterior doors on all buildings • New parking lot paving and striping • New paint on entirety of exterior • New roofs in 2020 • Three out of four hot water heaters replaced in 2024, with the remaining one having been replaced in 2022 Reach out to agents today for more information.