2800 Rockford Ln
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Property Type:
|
Multi-Family
for Sale
Low-Rise/Garden
|
| Number of Units: |
40 Units |
| Building Size (RSF): |
29,644 SF
|
| Sale Price: |
$1,282,500 |
| Unit Price: |
$32,062.50 Per Unit |
| Building Name: |
Thorobred Apartments II |
| Property Status: |
Existing |
| Gross Building Area (GBA): |
29,644 SF |
| Total Land Size: |
2.59 Acres |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.9% |
| Last Updated: |
8/4/2010 |
|
This complex of 40 1 BR units is 100% occupied. Unit size is from 550 sf to 586 sf. On site laundry mat,vending machines,24 hour security moniter,and sprinklers in the boiler rm.
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| Nearest MSA: |
Louisville-Jefferson County |
| County: |
Jefferson |
| Property Use Type: |
Investment |
| Zoning: |
R-7 |
| Percent Occupied: |
100% |
| Community Amenities |
Restaurant(s) |
| Laundry: |
Shared |
| Market Type: |
Medium |
| Property Located Between: |
Rockford Ln & Cane Run |
| Road Type: |
2-Track |
| Transportation: |
Bus, Taxi |
| Airports: |
Louisville Intl |
| Site Description: |
1 Bldg 40 units in 5 clusters of 8 units- mix of apartments and homes. |
| Area Description: |
Residential, Multi Family, Commercial, Restaurants |
| Total Number of Buildings: |
1 |
| Building Age: |
Recently Rehabbed |
| Property Condition: |
Excellent |
| Number of Stories: |
2 |
| Year Built: |
1968 |
| Year Renovated: |
2006 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick, Wood Frame |
| Exterior Description: |
Brick Veneer with some Wood Siding |
| Parking Ratio: |
1.55 |
| Parking Type: |
Surface |
| Parking Description: |
Surface lot in rear of Building |
| Total Parking Spaces: |
62 |
| Heat Type: |
Hot Water |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
1 Br 1 BA unit w/ 3 closets LR/DR, Kitchen electric range & refrigerator. Patio/balcony. |
| Zoning Description: |
R-7 |
| Lot Frontage (Feet): |
400 |
| Lot Depth: |
avg.250 |
| Topography: |
Level |
| Soil Type: |
Mixed |
| Easements: |
Electric Lines, Utilities |
| Land Ownership |
Name of Apartments must change with purchase |
| Real Estate Taxes - Annual($): |
$7,400 |
| Tax Value Year: |
2006 |
| Assessment Year: |
2006 |
| Assessed Value - Total($): |
$775,000 |
| Potential Rental Income: |
$204,000 |
| Net Operating Income: |
$106,206 |
| Gross Operating Income: |
$189,720 |
| Income & Expense Year: |
2008 |
| Actual or Proforma Year: |
Actual |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,410 |
55,313 |
153,466 |
| Median Age: |
36 |
38 |
36 |
| Households: |
3,621 |
22,746 |
62,801 |
| Avg. Household Income: |
$43,362 |
$43,149 |
$40,821 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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