Peach Blossom, LLC Acquires Villas Of Jeffersonville In $51.48M Deal

The Villas of Jeffersonville, a 264-unit apartment complex located at 3001 Peach Blossom Drive in Jeffersonville, Indiana has been sold for a price of $51,480,000. The property offers spacious units and is strategically situated near Interstate 65 and the River Ridge Commerce Center.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $51,480,000
• Address: 3001 Peach Blossom Drive
• Market: Jeffersonville, Indiana

Peach Blossom, LLC has acquired the Villas of Jeffersonville from Denton Floyd Real Estate Group. The sale was facilitated by brokers David Badgett Jr. and Josh Caruana, who represented the buyer and seller respectively. Marcus & Millichap played a key role in the transaction, with David Badgett Jr. serving as the seller's representative. The property's prime location near major transportation routes and commercial hubs adds to its desirability.