CBRE facilitated the sale of Post House, a multifamily property with 159 units in Evansville, Indiana. The undisclosed buyer was Prosperity Commercial Real Estate and the seller was Scannell Properties.
The transaction was represented by CBRE’s team members Hannah Ott, George Tikijian, Cam Benz, Claire Bullard and Ryan Stockamp.
Ott stated that their team is proud to have represented Scannell Properties in the sale of this impressive Class A property located in downtown Evansville. They are excited to see how the new ownership will continue to thrive at this location.
Post House is situated at 215 Vine St., near Ohio River Scenic Byway and various riverfront establishments such as restaurants, retail centers and entertainment venues. Constructed in 2020, it offers a variety of studio-, one- and two-bedroom floor plans averaging around 894 square feet along with fifteen live/work street-level loft-style one-bedroom units.
CBRE Arranges Sale of Multifamily Property “Post House” Located in Indiana
In an undisclosed amount deal between Prosperity Commercial Real Estate as buyers & sellers being Scannell Properties; CBRE has successfully arranged for Post House – an elegant multifamily complex consisting of 159 residential units located within Evansville city limits (Indiana).
Hannah Ott , George Tikijian , Cam Benz , Claire Bullard & Ryan Stockamp from CBRE were instrumental during negotiations on behalf of seller side throughout entire process which culminated into successful completion recently .
“We’re delighted having had opportunity representing esteemed client like ‘Scannell’ while finalizing deal pertaining beautiful Class A project based out downtown area here,” said Hannah Ott . She further added saying “We wish all best luck towards new ownership group looking forward hearing about continued success story related same.”
Situated nearby Ohio River scenic byway plus several other popular destinations including riverside eateries / shopping avenues / recreational spots ; Post House (built in 2020) boasts of offering diverse range studio-, one- & two-bedroom floor plans averaging around 894 square feet along with fifteen live/work street-level loft-style one-bedroom units.
