Linderhof Apartments

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 29843754
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 40 Units
Building Size (RSF): 26,900 SF
Gross Building Area: See Agent
Gross Land Area: 1.10 Acres
Sale Price: $1,435,000
Unit Price: $35,875 Per Unit
Property Use Type: Investment
Building Name: Linderhof Apartments
Sale Terms: Cash to Seller
Cap Rate: 8.35%
Last Updated: 4/10/2018

Overview / Comments

Linderhof Apartments are back on the market after a period of unit renovation and releasing. Improvements inside and out have been extensive and with those improvements, there has been a solid increase in rental rates.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 087J00560034
Zoning: R-7 - Residential Multi-Family District
Area Description: The property is located off Goldsmith Lane between Bardstown Road and Newburg. The area is mixed with apartments, condos, single family, office and retail.
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1960
Total Parking Spaces: 43

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,955 117,475 309,766
Median Age: 40.31 38.02 37.95
Households: 7,024 52,868 138,731

Contact

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