Gateway Crossing

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Address: 830 Eastern Blvd
Created date: August 20, 2024
Date last updated: November 20, 2024

155-Unit, Stabilized Asset with Unique Site Plan and Townhome-Style Units

Located in Clarksville, IN, Immediately North of Louisville, KY and within Louisville MSA

The Louisville MSA Recently Ranked #1 for Rent Growth in the Country (5.4%)

Just off Interstate 65, Providing Quick Commute throughout the Louisville-Jefferson MSA

Surrounded by Major Retail and Entertainment Hubs, including Bass Pro and Green Tree Mall

Attractive Loan Assumption Opportunity with 3.53% Interest Rate and Seven Years Remaining

Property Description

Institutional Property Advisors (IPA) and Marcus & Millichap are pleased to present the exclusive listing of Gateway Crossing, a 155-unit, stabilized asset built in 2020. The property is located in Clarksville, IN (Jefferson County), immediately north of Louisville, KY and within the high-growth Louisville-Jefferson MSA. Gateway Crossing is just off Interstate 65, quickly connecting residents to the metro’s major employment and entertainment drivers. Additionally, the property is less than one mile south of Bass Pro Shops and the Green Tree Mall, the retail and restaurant epicenter of Clarksville.

Key Property Information

Listing Status: Under Contract
Property Types: Apartment Buildings
No. of Units: 155
Year Built: 2020
Building Size: 157,850 Sq ft
Lot Size: 3.78 Acres
Opportunity Zone: No
Parking Spaces: 317
Address: 830 Eastern Blvd

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent
1 BR / 1 BA 34 676 1054
2 BR / 2BA 103 1008 1229
2 BR / 2.5 BA 6 1652 1550
3 BR /2.5 BA 12 1764 1750

Additional contacts

Full name Phone number Email address
Aaron Kuroiwa (317) 218-5330 [email protected]
Tony Rogers (317) 218-5355 [email protected]
Will Balthrope (972) 755-5200 [email protected]
Drew Garza (210) 343-7800 [email protected]

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