12 Unit Multifamily For Sale

Multi-Family for Sale
Catylist Listing ID: 30864157
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 14,596 SF
Gross Building Area: See Agent
Sale Price: $999,000
Unit Price: $83,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/21/2024

Overview / Comments

This high visibility 12 unit property consists of four large 3 bedroom/1 full, 2 half bathroom units and eight 2 bedroom/1 bath units - each with W/D hookups. The property has benefitted from long term, hands on management who has ensured quality tenants and healthy rents, with room to push them further.

The elevated, corner location is minutes from Bardstown Road and I-64 in a high demand rental sub-market. Each unit is separately metered for LGE and has its own HVAC system and hot water heater. There is ample off street parking.

To access financials:
https://connect.prgproperty.com/deal-room/124?signature=6c935035a9b34541725f48dfa816b7c7702c71034af885b68675cb679e165f87

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 087JSROW0000|2
Zoning: R-7 - Residential Multi-Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,400 117,475 308,786
Median Age: 40.17 38.02 38.01
Households: 7,704 52,868 138,064
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