Catylist ID:
#30867695
| Catylist Listing ID: | 30867695 |
| Property Subtypes: | Low-Rise/Garden |
| Number of Units: | 16 Units |
| Building Size (RSF): | 9,720 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,104,000 |
| Unit Price: | $69,000 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/21/2024 |
Overview / Comments
|
This offering includes both 4311 and 4313 Norbrook Dr. Each property contains eight apartment units, and are located with easy access off Fegenbush Lane/Bardstown Road in the Buechel neighborhood. 4311 Norbrook Dr. Highlights: > Eight 1BR/1BA apartments > Individual PTAC's in each unit > Newly paved parking lot > New LVP in some units > Separately metered LG&E 4313 Norbrook Dr. Highlights: > Four 2BR/1BA and four 1BR/1BA apartments > Individual HVAC's in each unit > Coin-op laundry available (used by both buildings) > Separately metered LG&E The buildings have been professionally managed, and there is opportunity to continue to maximize revenues and streamline expenses for the next investor. Link to rent roll: https://connect.prgproperty.com/deal-room/145?signature=73f1e62425b644233f86ffefd996636d68b3ac3b07f162c5ca497469b43a5e86 |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 202700160000 |
| Zoning: | R-7 - Residential Multi-Family District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,366 | 124,128 | 277,030 |
| Median Age: | 39.36 | 38.44 | 38.81 |
| Households: | 2,480 | 52,938 | 120,110 |
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