16 Town House style Apartment Units

Undisclosed Address, Louisville, KY 40229
Multi-Family for Sale
Catylist Listing ID: 30111136
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 15,624 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $87,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Average Occupancy Rate: 97
Last Updated: 6/28/2017

Overview / Comments

Very attractive 16 unit complex on just over 1 acre, all units are 2 bedroom 1.5 bath. These are town-home style 2 story units, each with a private patio and outdoor storage shed. The units have 2 private street level entrances with a front door that opens into a green space. All utilities are separately metered and have washer/dryer hookups in the units. 13 of the units are fully renovated with the remaining 3 having extensive upgrades. Preventative maintenance program in place with all repair work done by licensed and insured contractors. Prospective buyers can easily add value by pushing rents without significant improvements to the asset.

Attachments & Media

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Additional Details

Tax ID/APN: 000-000-00-000
Zoning: R-3 - Residential Single Family District
Percent Occupied: 100%
Total Number of Buildings: 4
Property Condition: Excellent
Number of Stories: 2
Year Built: 1994
Year Renovated: 2015
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 32
Laundry: In Each Unit

Contact

Photograph of Listing Agent

Michael J Hall

Fortis Group KCREA Member

Source

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