Evansville Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Evansville, Indiana
Evansville: In the Spotlight
Evansville, Indiana is located 174 miles from the state’s capital city of Indianapolis and is part of the Evansville metropolitan area (MSA). The population of Evansville is just over 118,000, making it the 3rd most populous city in the State. It also covers around 47 square miles of land. Evansville is home to the largest untouched “virgin” forest within city limits, and hosts the third oldest zoo in the state.
- The unemployment rate is relatively low, around 4.7%.
- The median household income is $40,178.
- The median age in Evansville is 37 years old
- Evansville employs over 56,000 residents
- Evansville has a moderate vacancy of around 7% across all rental properties
- There has been a marginal rent increase, to $807 per month
- The homeownership rate is roughly 55%, which leaves around 45% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Evansville Apartment Loan and Multifamily Property Facts
Evansville is part of the Indiana market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Evansville, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Evansville Apartment Loan and Lending Options
In Evansville, Indiana there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Evansville Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Evansville, IN. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Evansville is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Evansville Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.