Propsoed Multi-Family Residential

Multi-Family for Sale
Catylist Listing ID: 30785723
Condo? Yes
Number of Units: 14 Units
Building Size (RSF): 11,964 SF
Gross Land Area: 16,553 SF
Sale Price: $1,500,000
Property Use Type: Investment
Building Name: 1230 Bardstown Rd.
Usable Size (USF): 11,964 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/2/2024

Overview / Comments

Great investment opportunity for a proposed multi-family residential consists of 14 condominiums of 1 to 3 bedrooms being renovated (priced for existing condition). Could also be buit to sell at a different price. Nestled in a coveted location on Bardstown Road adjacent to the Mid City Mall, this project promises unmatched potential. The comprehensive architectural plans for the proposed condominiums, along with the necessary permit, are readily available, expediting the project forward. Property is now being sold AS-IS with no warranties expressed written or implied.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 075B00020000
Zoning: R-6 - Residential Multi-Family District
Property Located Between: Bardstown Rd. and Beechwood Ave.
Highway Access: I-64
Airports: Louisville airport
Site Description: Corner flat site
Area Description: Highland
Total Number of Buildings: 2
Number of Stories: 3
Year Built: 1900
Year Renovated: 2024
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Traditional brick building
Parking Type: Surface
Parking Description: TBD
Total Parking Spaces: 11
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Gutted to the studs and being renovated.
Zoning Description: R-2 multi-family residential.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,119 128,347 318,143
Median Age: 38.12 37.61 37.19
Households: 8,891 59,781 139,661

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.