20 Unit Multifamily Off Dixie Hwy.
Multi-Family
for Sale
| Catylist Listing ID: |
30871672 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
20 Units |
| Building Size (RSF): |
19,160 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.40 Acres
|
| Sale Price: |
$1,250,000 |
| Unit Price: |
$62,500 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/27/2024 |
Overview / Comments
This 20 unit multifamily property is located minutes from Dixie Hwy./I-265, but has a quiet and rural feel. It is comprised of eight 2BR/1.5BA townhome units (separately metered for all utilities including water), eight large 1BR/1BA units, and four 2BR/1BA units.
The large, 1.4 acre parcel includes off-street parking plus residual land with potential for additional buildings. The two-story townhomes also include walkout basements with washer/dryer hookups. Most tenants are long term and on MTM leases.
To access financials: https://connect.prgproperty.com/deal-room/178?signature=0d92dd0df93b23696bd528994a4f8a28b4e8326addbea91673a94ece793bd415
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
105904330000 |
| Zoning: |
R-6 - Residential Multi-Family District |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,833 |
22,282 |
55,006 |
| Median Age: |
34.46 |
36.86 |
38.62 |
| Households: |
1,039 |
8,423 |
21,092 |
|
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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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