Nice Apartment Building.

Multi-Family for Sale
Catylist Listing ID: 30790944
Number of Units: 5 Units
Building Size (RSF): 2,600 SF
Gross Land Area: 0.21 Acres
Sale Price: $265,000
Unit Price: $53,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2022

Overview / Comments

Nice apartment building, with 5 one bedroom apartments. Building had a new roof installed in 10 of 2021. All units are currently rented and all are up to date on rent.
Owner pays water bill and tenant pays their own electric. Each unit has an electric furnace all are 5 years old, each unit uses window units for air conditioning.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Taxing Authority: Shelby County
Zoning: R-4 - Residential - Multi-Family
Percent Occupied: 100%
Highway Access: US 60 to Old Finchville Rd to Village lane on left. Apartment will be the last building on right. Behind village Plaza
Site Description: 25 x 104 foot building with gravel parking lot.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 1
Year Built: 1994
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Poured Concrete and concrete block
Parking Type: Surface
Parking Description: Gravel
Total Parking Spaces: 15
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: One bedroom and one bath
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,004 14,616 23,837
Median Age: 31.46 33.23 36.31
Households: 2,942 5,368 8,832

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