Catylist ID:
#30798108
9 Unit Multifamily Property
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30798108 |
| Property Subtypes: | Low-Rise/Garden |
| Status: | Pending/Contingent |
| Number of Units: | 9 Units |
| Building Size (RSF): | 4,478 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $575,000 |
| Unit Price: | $63,888.89 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/21/2022 |
Overview / Comments
|
This nine unit mulitfamily opportunity is located in Buechel in very close proximity to the GE Appliance Park. The property consists of eight 1BR/1BA units and one large studio unit. The location is a high demand area for workforce housing and rents are currently well below market. The nearby GE Appliance Park is undergoing massive investment with over 1,000 new jobs. Professional management is in place, and exterior entrances to units create limited common area maintenance. Louisville is experiencing high occupancy and excellent rent growth in the workforce housing space, and this asset is well situated for future income growth. Please fill out the confidentiality agreement in the marketing package attached for more information |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 202700410000 |
| Zoning: | R-5A - Residential Multi-Family District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,366 | 120,976 | 279,939 |
| Median Age: | 39.36 | 38.3 | 38.79 |
| Households: | 2,480 | 51,750 | 121,439 |
Contact
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