Linderhof Apartments

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 29843754
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 40 Units
Building Size (RSF): 26,900 SF
Gross Building Area: See Agent
Gross Land Area: 1.10 Acres
Sale Price: $1,255,000
Unit Price: $31,375 Per Unit
Property Use Type: Investment
Building Name: Linderhof Apartments
Sale Terms: Cash to Seller
Cap Rate: 9.1%
Last Updated: 7/17/2017

Overview / Comments

2001, 2003, 2005 Terril Lane - 40 unit apartment complex with 3 buildings and 1, 2, and 3 bedroom units. Owners have added new roofs, water heaters, landscaping and unit updates in recent years. Value add investment.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 087J00560034
Zoning: R-7 - Residential Multi-Family District
Area Description: Linderhof Apartments is located off of Goldsmith Lane and Newburg Road near shopping, restaurants and the to-be-built Costco on Bardstown Road. Superb location with easy access to expressways.
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1960
Total Parking Spaces: 43

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,955 117,475 309,766
Median Age: 40.31 38.02 37.95
Households: 7,024 52,868 138,731

Contact

Source

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