Recreation Center

Special Purpose for Sale
Sale Pending
Also listed as Hospitality
Catylist Listing ID: 30171279
Status: Pending
Building Size (RSF): 4,464 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Sale Price: $350,000
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/13/2019

Overview / Comments

EXCEPTIONAL OPPORTUNITY FOR A FANTASTIC INCOME PRODUCING POTENTIAL! Rec Center Building has multiple offices, Men & Women Locker Rooms/Shower Areas, Exercise Room, Kitchenette Area Upstairs & Downstairs, Covered Meeting & Party Area Near Pool, Built-in Pool Area, 2 Tennis Courts and Basketball Court Area. Lower level has been leased by the same tenant since it was built. Revenue documentation for this entity can be obtained from the listing agent upon request.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-45-16-500-203.000-043
Airports: Clark Regional minutes away, Louisville International 20 minutes away
Site Description: Office building with in-ground swimming pool, Tennis Court & Basketball court.
Area Description: Located within Covered Bridge Golf Community.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 2000
Construction/Siding: Brick
Parking Type: Other
Parking Description: Adjacent parking owned by Home Owners Association
Heat Type: Natural Gas
Heat Source: Central
Interior Description: Bottom level divided into smaller offices. Upper level contains meeting space with bar area, a separate room currently utilized as a workout room, men's & women's bathroom locker area.
Zoning Description: Current basketball & Tennis courts could be divided off as a potential Residential building lot.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Covered Bridge Replat Rec. Center 1.267 Ac

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,719 25,789
Median Age: 38.17 38.34
Households: 4,759 9,726
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