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The Flats at Keystone

$6,500,000

Old Tyme Court, Evansville, IN 47711

Active
Last Updated: 04/22/2025

17,340 sqft

Building Size

1.15 acres

Lot Area

Details:
Building Size:    17,340 sqft
Lot Area:    1.15 acres
Occupancy:    94%
Units:    18
Year Built:    2024
Floors:    1
Highlights:
  • New construction with brick exterior and high-end finishes
  • High-end clientele with established corporate relationships
  • High occupancy since beginning operations
  • Owner has been able to raise pricing 3 times without impacting occupancy
  • Close to shopping and dining options
  • Easy access to I-69 and major roadways
  • Close to airport
Description:

The Flats at Keystone offers a premier short-term condominium rental experience in Evansville, designed for professionals seeking both short-term and extended stay options in the Evansville Metro area. Each unit is fully furnished, merging the convenience of a luxury hotel with the comfort and privacy of a home.

The interiors feature upscale decor, including gourmet kitchens, luxury bedding, and elegantly appointed master bathrooms. Guests also enjoy complimentary access to Evansville's leading fitness and wellness facility, enhancing their stay with high-quality amenities and lifestyle services.

The Flats at Keystone are located in a residential area on the north side of Evansville close to the commercial district, with numerous shopping and dining options. Constructed in 2024, the property consists of 18 condominium units with 2 floorplans - The Belfry, with 2 bedrooms and 1 bath, and The Belvedere with 2 beds, 2 baths and an attached 1 car garage.

Management is in place and agreeable to working with a new owner. Seller will offer 90 days of transition assistance.



Situated at the prime intersection of Green River and Heckel Roads, The Flats at Keystone are located in one of Evansville's most sought-after communities. Here, residents have easy access to a wide range of dining, shopping, and nightlife experiences along Green River and Burkhardt Roads—the heart of Evansville’s vibrant, up-and-coming commercial district. This area is known for its modern amenities, popular destinations, and dynamic atmosphere, making it a top choice for those looking to enjoy a lively and convenient lifestyle.

Map:
Documents:
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Offering_Memorandum_-_The_Flats.pdf
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