Louisville Storage Co, LLC

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30724578
Property Subtypes: Self Storage
Status: Pending/Contingent
Building Size (RSF): 17,300 SF
Gross Building Area: See Agent
Sale Price: $1,275,000
Unit Price: $73.70 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/7/2021

Overview / Comments

Form G Commercial Advisors are extending the opportunity to acquire a 2017 construction 107 unit facility in the heart of Louisville, KY neighborhood Fern Creek.

Louisville Storage includes six buildings with a unit mix to serve the densely populated Fern Creek trade area.

Fully completed development is currently at 65% occupancy and ready for an investor to cash in on potential upside with minimal landlord involvement.

The 2.43 acre site is strategically position at the signalized intersection of Bardstown Road (37,000 cars/day) and The Gene Snyder, Louisville second beltway wrapping around the city.

Fern Creek is a densely populated and continuously growing suburban Louisville neighborhood with excellent housing investor and a very healthy retail trade area that provides goods and services for 60,000 people in the immediate trade area

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 350500030000
Zoning: C-1 - Commercial District
Total Number of Buildings: 6
Property Condition: Excellent
Year Built: 2017
Roof Type: Flat

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,723 67,388 170,420
Median Age: 35.58 37.83 38.21
Households: 2,874 26,343 68,699
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.