5010 Cass Ave, Evansville, IN 477151625 Cass Ct, Evansville, IN 47715
Grand Oak Community & East Lodge
Overview
- Grand Oak Community & East Lodge Apartments was originally built in 1972 and underwent substantial rehabilitation in 1982.
- The community consists of 50 one-story and two-story buildings that are located on over 32 acres of land.
- Residents enjoy amenities including a playground, covered parking, and a basketball court. All units feature an individual entrance, a patio/balcony, Central A/C, and private storage.
- There is one non-revenue producing unit for a manager.
- There have been over $1.8 million of recent property improvements since 2016.
- Assumable or prepayable (with 5% prepayment penalty through September 30, 2026) HUD §223(f) mortgage; prepayment penalty decreases 1% annually through September 30, 2030.
- 20-Year, Option 2, HAP Contract renewal in 2014.
- Separately metered for gas (heat) & electric.
Photo Gallery
5010 Cass AveEvansville, IN 477155010 Cass Ave, Evansville, IN 477151625 Cass Ct, Evansville, IN 47715
Sales Team
Listing provided by Revere CRE