Marcus & Millichap Brokers $51 Million Sale of Villas of Jeffersonville in Jeffersonville, Indiana

by Channing Hamilton

JEFFERSONVILLE, IND. — Marcus & Millichap has arranged the $51 million sale of Villas of Jeffersonville, a 264-unit complex in the Louisville, Kentucky-suburb of Jeffersonville. David Badgett of Marcus & Millichap represented the seller, Denton Floyd Real Estate Group, and procured the buyer, Peach Blossom LLC. Josh Caruana, Marcus & Millichap’s broker of record in Indiana, assisted in closing the transaction. Villas of Jeffersonville was built in 2020. According to the property website, amenities include a clubhouse, fitness center, playground, dog park, pet spa, a pool, picnic area, volleyball court, business center and game room.

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