`Multifamily Investment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30474991
Property Subtypes: Mid-Rise
Number of Units: 12 Units
Building Size (RSF): 5,145 SF
Gross Land Area: 0.40 Acres
Sale Price: $586,800
Unit Price: $48,900 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 10/7/2019

Overview / Comments

Two 6-plexes that must be purchased together; however two additional 6-plexes are available for purchase*
75% of the air-conditioners and some of the furnaces have been replaced
Ample parking with 10 spaces per building. Owner will repave lot
Good location with below market rents; potential to increase rents with a little TLC.
*Available to purchase 6510 and 6512 Hackel Drive with these buildings as a package for $1,170,400.00

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 25143600670000, 25143600680000
Zoning: R-7 - Residential Multi-Family District
Percent Occupied: 100%
Property Located Between: Greenbelt Highway and Crockett Drive.
Highway Access: Greenbelt Highway
Site Description: Level site with adequate parkiing.
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 25
Year Built: 1975
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking, 10 spaces per building.
Total Parking Spaces: 20
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: 12 - 2 BR/ 1BA apartments with laundry hook-ups.
Zoning Description: R7
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,257 58,197 140,574
Median Age: 36.9 38.6 37.84
Households: 2,367 23,331 56,160
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