Old Lousiville 18 unit Apartment

Multi-Family for Sale
Catylist Listing ID: 30766067
Property Subtypes: Mid-Rise
Number of Units: 18 Units
Building Size (RSF): 16,530 SF
Sale Price: $1,420,000
Unit Price: $78,888.89 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.8%
Last Updated: 10/24/2021

Overview / Comments

Amazing opportunity to add 18 units in Historic Old Louisville to your portfolio. These Properties have had many updates over the years. So you can own a piece of history without the maintenance some of these beauties require.
15 units are one bedroom and 3 are two bedroom. Tenants have lots of green space and parking.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 030E00710000
Zoning: TNZD - Traditional Neighborhood Zoning District
Property Located Between: Kentucky and Breckenridge
Total Number of Buildings: 4
Property Condition: Average
Number of Stories: 3
Year Built: 1885
Year Renovated: 2015
Construction/Siding: Brick, Stone
Parking Type: Surface
Parking Description: Parking in Rear
Total Parking Spaces: 24
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Engineered System
Internet Access: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,978 140,686 319,383
Median Age: 34.68 35.41 36.72
Households: 12,711 61,516 137,108
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