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
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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.
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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 |
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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