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$ 525,000
Est. payment | /mo
5,565 SqFt
$ 525,000
Est. payment | /mo
5,565 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,565 sqft
Price per Sqft $94
MLS Listing ID 1685584
HOA Y/N No
Abv Grd Liv Area 3,710
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1969
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Apartment
Property Description
This quality workforce housing property is comprised of 6 units that are all 2BR/1BA . The property has had updates to all the common areas and three of the units have been renovated. Further upside exists with renovation to the units as they come available to achieve higher rents.
Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities as well as proximity to Louisville's premier suburban medical district.
The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth.
Additional units are available as part of a larger portfolio offering. Inquire with the listing agent for more information. Link to a deal room with rent roll here:
https://connect.prgproperty.com/deal-room/296?signature=e691d31dacffec4dd3f0e7e0ba2280fe7113a7939045d783589a17d4c0a301f6
Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities as well as proximity to Louisville's premier suburban medical district.
The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth.
Additional units are available as part of a larger portfolio offering. Inquire with the listing agent for more information. Link to a deal room with rent roll here:
https://connect.prgproperty.com/deal-room/296?signature=e691d31dacffec4dd3f0e7e0ba2280fe7113a7939045d783589a17d4c0a301f6
Location
State KY
County Jefferson
Direction Hikes Lane to Klondike to Street
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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Listed by PRG Commercial Property Advisors
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