• Year Built: 1950
1143-1153-1163 Covert Avenue is amulti-family property for lease in Evansville, IN.
THE PHOENIX APARTMENTS / Positive cash flow with room to grow! Three 13-unit brick apartment complexes located near US Highway 41 in Evansville, Indiana. Current owner purchased the property from foreclosure and has completely renovated 27 units. Asking price is based on its current rent roll and expenses…the Property offers an 11% CAP Rate. Potential for a much higher return with renovation of the remaining units.
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