5104-06 Malibu
Multi-Family
for Sale
| Catylist Listing ID: |
30842964 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
16 Units |
| Building Size (RSF): |
10,200 SF |
| Gross Land Area: |
0.88 Acres
|
| Sale Price: |
$1,176,000 |
| Unit Price: |
$73,500 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Malibu |
| Usable Size (USF): |
10,200 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
10.0% |
| Average Occupancy Rate: |
95 |
| Last Updated: |
5/23/2023 |
Overview / Comments
|
8 x 2 bedroom units in 5104 PLUS 8x1 bedroom units in 5105 2 story adjacent to Water and gas paid by owner. FRM for 1 bed is $876. FMR for 2 bedroom is $1052 Can be combined with 1730 Tempest, 1724 Tempest, 1721, Tempest for 47 total doors. This has one water meter shared with 5104-06 and 5105-07. There are 4 listed addresses, but two buildings
|
Financials
| Finance Data Year |
2022 |
| Tax Value Land |
$128,000 |
| Tax Value Improvements |
$712,010 |
| Assessed Value - Total($) |
$841,410 (Annual) |
| Potential Rental Income |
$69,204 (Annual) |
| Gross Operating Income |
$141,550 (Annual) |
| Net Operating Income |
$121,839 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Louisville |
| Tax ID/APN: |
131800230000 |
| Zoning: |
R-7 - Residential Multi-Family District |
| Percent Occupied: |
100% |
| Property Located Between: |
Shively and PRP |
| Highway Access: |
264 |
| Airports: |
Louisville |
| Site Description: |
2 buildings built in 1972 .3 acres open land could be improved |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Year Built: |
1972 |
| Construction/Siding: |
Brick/Aluminum Siding |
| Exterior Description: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Rear parking |
| Laundry: |
Laundromat Nearby |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Zoning Description: |
R7 |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,640 |
105,791 |
217,329 |
| Median Age: |
38.33 |
37.87 |
36.65 |
| Households: |
6,215 |
42,788 |
88,970 |
|
© 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.
|
