48 Unit Apt Complex in Shepherdsville
Multi-Family
for Sale
Catylist Listing ID: |
30856078 |
Property Subtypes: |
Low-Rise/Garden, Mid-Rise, Other
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Number of Units: |
48 Units |
Building Size (RSF): |
34,064 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$3,360,000 |
Unit Price: |
$70,000 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/17/2023 |
Overview / Comments
Listed for sale are these four brick 12-plex buildings in the city of Hebron Estates off of Faro Cir and Scenic Trl at North Preston Highway. All units are one bedroom one bath apartments with stackable washer and dryer hookups. Buildings all include off street parking lot and separate gas and electric meters paid by tenants. Units have gas water heaters and a hydro heating system which is part hydronic and part ducted with central hvac condensers. Building is on septic system and owner pays the water bill while tenants pay their own gas and electric. Market rents for units in this area range from $725-775/month depending on finishes. Building is professionally managed by Property Management of Louisville.
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Additional Details
Nearest MSA: |
Louisville/Jefferson County |
County: |
Bullitt |
Tax ID/APN: |
044-NE0-12-020 |
Zoning: |
R3 - Multi-Family Residential, Lower Density |
Percent Occupied: |
95% |
Total Number of Buildings: |
4 |
Number of Stories: |
2 |
Parking Type: |
Surface |
Laundry: |
In Each Unit |
Heat Type: |
Hot Water, Other |
Heat Source: |
Other |
Fuel: |
Gas |
Air Conditioning: |
Other |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,585 |
37,455 |
88,118 |
Median Age: |
43.61 |
37.63 |
36.94 |
Households: |
995 |
14,019 |
33,126 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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