The Sanctuary on Main

Multi-Family for Sale
Catylist Listing ID: 30766291
Property Subtypes: Low-Rise/Garden
Number of Units: 8 Units
Building Size (RSF): 11,319 SF
Gross Land Area: 0.54 Acres
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: The Sanctuary on Main
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2021

Overview / Comments

Cushman & Wakefield | Commercial Kentucky is pleased to offer for sale The Sanctuary on Main, an eight-unit multifamily property in the heart of New Albany, Indiana. The units are a mix of two and three bedroom apartments. The property is located within the historic "Mansion Row" on East Main Street in downtown New Albany, IN within walking distance of numerous restaurants, churches, medical offices, hotels and retailers. The luxury units include fireplaces, washer/dryers, patio/balcony, (2) designated parking spaces for each unit and basement storage. Built in 2002, recent upgrades include new carpet, paint and granite countertops.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-00-200-714.000-008
Zoning: TR
Highway Access: I-64
Area Description: Less than 1 mile from I-64 and the Sherman Minton Bridge on the corner of East Main Street and Holy Trinity Heritage Court
Total Number of Buildings: 1
Year Built: 2002
Parking Type: Surface
Total Parking Spaces: 16
Zoning Description: TR

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,906 87,914 196,049
Median Age: 34.85 36.53 36.77
Households: 6,244 36,263 82,400

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