Rare 12-Unit Multifamily
Multi-Family
for Sale
| Catylist Listing ID: |
30831220 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
12 Units |
| Building Size (RSF): |
10,290 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$900,000 |
| Unit Price: |
$75,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/31/2023 |
Overview / Comments
Hoagland Commercial Realtors is pleased to present this 12-unit offering off of Fordhaven Rd. Consisting of two 6-unit buildings, this offering provides opportunities for both newer and seasoned investors alike with this rare opportunity to scale immediately in an area of town consistently needing more multifamily housing options.
Roofs at both properties are roughly two years old. One of the properties underwent extensive renovation due to a recent fire, while the other has been updated as units have come vacant. Eleven of the twelve units are 2-br/1-bath and there's one unit that is 1-br/1-bath, and each bedroom comes with a closet. Units are separately metered, with the owner paying the water bill and trash. Room to bump current rents and increase occupancy with renovations finished. There is a coin laundry in one of the buildings.
Email or call the listing agent for additional information.
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
144400090000 |
| Zoning: |
R-6 - Residential Multi-Family District |
| Total Number of Buildings: |
2 |
| Property Condition: |
Good |
| Year Built: |
1972 |
| Year Renovated: |
2022 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,375 |
101,899 |
197,795 |
| Median Age: |
37.41 |
38.38 |
37.18 |
| Households: |
2,564 |
41,408 |
79,488 |
|
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