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: 5/23/2024

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

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 105904330000
Zoning: R-6 - Residential Multi-Family District

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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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