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Cypress Point

Posted: 6/7/2022
144 Units
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About

About Cypress Point

NEW CONSTRUCTION - $135K/UNIT

Currently under construction, Cypress Point is the only Class A multifamily property in Washington, IN.

LIMITED COMPETITION

The closest direct competitor to Cypress Point is Baldwin Heights, located 40+ minutes south in Princeton, IN and was built by the same developer.

5-YEAR 100% TAX ABATEMENT

Located within a newly established economic revitalization area, Cypress Point has a 5-year tax abatement in place that ends in the year 2027. This favorable tax abatement will offer the new owner increased cash flow.

I-69 CONNECTIVITY

Located adjacent to the new I-69 North American Super Corridor, Cypress Point benefits from:

- 178,000+ Workforce within a 60 minute drive

- 80% of the US population within a one day drive

- Westgate at Crane Technology Park (30 Minute Drive)

- Naval Surface Warfare Center - Crane Division (30 Min. Drive)

- Toyota Motor Manufacturing - 7,296 Employees (45 Min. Drive)

- Direct commute to Indianapolis and Evansville

- Washington, IN is the county seat of Daviess County

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