Value-Add Opportunity: New ownership will have the opportunity to add value to the property through updating the interiors, exteriors, and amenities, such as replacing the countertops, painting the cabinets, replacing the fixtures, adding stainless steel appliances, or upgrading amenities.
Proximity to Evansville’s Best Retail: Reserves at Red Bank is positioned within 20 minutes of Evansville’s premier shopping centers, including:
Evansville Demand Drivers: The Evansville area is home to several large employers, including:
Central Location to Major U.S. Markets: The total population within a 300-mile radius of Evansville is 43,287,941, and Evansville is under a 4-hour drive from major MSA’s including St. Louis, Indianapolis, Cincinnati, Louisville, and Nashville.
Growing Evansville Market: The Evansville market is a thriving economic hub for a three state region, issued over 525 building permits in 2019, and has $975 million invested in regional quality of place projects.
$803 Million Toyota Job Announcement: Toyota Motor Manufacturing Indiana, located 30 minutes from Reserves at Red Bank, announced a new $803 million investment, which will bring 1,400 additional jobs.