Thunderbird 25 doors
Multi-Family
for Sale
| Catylist Listing ID: |
30842374 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
25 Units |
| Building Size (RSF): |
18,044 SF |
| Sale Price: |
$1,876,000 |
| Unit Price: |
$75,040 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Thunderbird |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Average Occupancy Rate: |
95 |
| Last Updated: |
4/29/2024 |
Overview / Comments
New roof. Thunderbird- 25 unit in two adjacent buildings. 18-2/1 apartments and 1-1/1 studio on 1730 Tempest plus 6-1 Bedroom 1 bath units @ 1724 Tempest.
2 Story Bedford stone building with basement and coin laundry units. U shaped has two breezeways. Rear and front parking. Close to Bus line and shopping. Can be combined with 5105 Malibu, 5106 Malibu for a total of 41 doors. mix of 2/1 and 1/1 units within walking distance. room for improvement on rental rates.
HUD Fair Market rents for 2024 FMR 1 Bedroom $1,077 2 Bedroom $1,301
|
Financials
| Finance Data Year |
2023 |
| Tax Value Land |
$52,360 |
| Tax Value Improvements |
$876,140 |
| Assessed Value - Total($) |
$928,500 (Annual) |
| Potential Rental Income |
$193,968 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Jefferson county |
| Tax ID/APN: |
131800060000 |
| Zoning: |
R-7 - Residential Multi-Family District |
| Percent Occupied: |
99% |
| Property Located Between: |
Shively and PRP |
| Highway Access: |
dixie highway to 264, 65, 71, |
| Airports: |
Louisville |
| Total Number of Buildings: |
1 |
| Property Condition: |
Average |
| Number of Stories: |
2 |
| Year Built: |
1965 |
| Construction/Siding: |
Stone |
| Parking Type: |
Surface |
| Parking Description: |
Parking in front and rear |
| Laundry: |
Shared |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
R7 Multifamily |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,640 |
101,196 |
214,563 |
| Median Age: |
38.33 |
38.02 |
36.62 |
| Households: |
6,215 |
40,987 |
87,704 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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