309 SHANNON LANE

Multi-Family for Sale
Catylist Listing ID: 30774096
Property Subtypes: Duplex/Fourplex
Number of Units: 24 Units
Building Size (RSF): 3,250 SF
Gross Building Area: 18,720 SF
Sale Price: $2,760,000
Unit Price: $115,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2021

Overview / Comments

24 units - 6 buildings. All brick units. Each unit 2 bedrooms, 1 bath with utility room, 780 square feet per apartment. - Each unit rents for $800.00 to 825.00 each - Only 1 year old - 100% occupied. all appliances remain.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Bullitt
Taxing Authority: Bullitt County
Tax ID/APN: 036-SE0-01-008
Zoning: R3 - Multi-Family Residential, Lower Density
Percent Occupied: 100%
Highway Access: Hwy 44,
Airports: Louisville Airport
Site Description: located at the end of a dead end street. School sets directly behind the apartments.
Area Description: Shepherdsville city limits, close to schools, shopping.
Total Number of Buildings: 6
Property Condition: Excellent
Number of Stories: 2
Year Built: 2019
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: All brick with maintenance free soffits. Stairs leading to upstairs units.
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: In front of buildings
Total Parking Spaces: 60
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Heat Pump
Fuel: Electric
Air Conditioning: Evaporative Cooler
Internet Access: Cable, DSL, Satellite
Interior Description: Living room, kitchen, 2 bedrooms, 1 bath with utility room. Laminate flooring. Appliances included.
Zoning Description: Residential 3
Lot Frontage: 360
Lot Depth: 102
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: Electric lines.
Land Ownership: Fee Simple
Legal Description: Deed book 806, page 82

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,659 14,747 27,292
Median Age: 29.92 33.52 38.72
Households: 1,004 5,400 10,199

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