Northmarq’s Investment Sales team leads sale of The Bend Apartments in Clarksville, IN
Image source: Northmarq
CLARKSVILLE, Ind. — Northmarq’s Investment Sales team led by Bobby Schiavone, Jordan Arand and Adam Klenk successfully led the sale of The Bend Apartments — a 312-unit, Class A luxury garden apartments located at 1909 Greentree Blvd. in Clarksville, Indiana.
Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor.
“The Bend generated significant investor demand, further proving the depth of capital pursuing institutional-quality multifamily assets in the Louisville MSA where market fundamentals show consistent long-term growth,” Schiavone said. “We leveraged our relationships and our understanding of the Southern Indiana market to drive a competitive sales process. The property’s scale, vintage and strategic location made it an attractive opportunity for investors with long-term upside.”
Built in 2023 and sitting on 13.22 acres, The Bend Apartments feature one-, two- and three-bedroom units with stainless steel appliances, granite countertops, oversized walk-in closets, private patios or balcony, in-unit washer/dryer, spacious bathrooms and high-speed internet.
Community amenities include a pool, fitness center, clubhouse, ping pong and shuffleboard tables, free onsite parking, garage, and a pet-friendly environment with a dog park.
The Bend Apartments are conveniently situated in a neighborhood with close proximity to schools, shopping featuring 20+ national retailers, restaurants, the Green Tree Mall and access to both Interstates 65 and 265. It is 10 minutes from River Ridge Commerce Center and downtown Louisville providing immediate access to and connectivity to Southern Indiana / Louisville MSA.
Meet our team
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
