8302 and 8304 Preston Highway - Mixed Use Investment or Owner Occupied

Multi-Family for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30855868
Property Subtypes: Mixed Use
Number of Units: 15 Units
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 Acres
Sale Price: $1,100,000
Unit Price: $73,333.33 Per Unit
Property Use Type: Investment, Business
Building Name: Preston, One LLC
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2023

Overview / Comments

Mixed Use on Preston Highway. Right Infront of the Home Depot. 11 Residential Unit and 4 commercial units. Could be Owner Occupied Flex Space or Investment.

Attachments & Media

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $4,000 (Annual)
Potential Rental Income $153,000 (Annual)
Net Operating Income $132,000 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Louisville
Tax ID/APN: 065100130000
Zoning: C-1 - Commercial District
Percent Occupied: 94%
Property Located Between: Outer Loop and Gene Snyder
Highway Access: Interstate 265
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 2
Year Renovated: 2022
Parking Type: Surface
Total Parking Spaces: 26
Laundry: Shared
Sprinklers: None
Heat Type: Electricity, Natural Gas
Fuel: Gas, Electric
Internet Access: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,726 80,210 196,120
Median Age: 37.8 35.59 36.91
Households: 6,795 31,531 78,948

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