Louisville, KY 40214,108 E Florence Ave
Louisville, KY 40214,108 E Florence Ave
Louisville, KY 40214,108 E Florence Ave
Louisville, KY 40214,108 E Florence Ave
Louisville, KY 40214,108 E Florence Ave
Louisville, KY 40214,108 E Florence Ave
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$ 5,900,000
Est. payment | /mo

49,986 SqFt


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$ 5,900,000
Est. payment | /mo
Save

49,986 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 49,986 sqft

Price per Sqft $118

MLS Listing ID 1695606

Style Other

HOA Y/N No

Abv Grd Liv Area 49,986

Year Built 1990

Lot Size 2.010 Acres

Acres 2.01

Property Sub-Type Apartment

Source Metro Search (Greater Louisville Association of REALTORS®)

Land Area 49986

Property Description

Rare opportunity to own this 50 unit apartment complex consisting of (16) 2 bed 2 bath units 1,080 square feet, (16) 2 bed 1 bath units 936 square feet, (12) 2 bed 1 bath units 845 square feet, (6) 2 bed 1 bath units 765 square feet. In 2025 the Owner has renovated 10 of the vacant units and are now starting to place tenants, 2 additional units are in need of full renovations. All leased units have had renovations over the years. Pictures of interior units are of those that have recently been renovated, and they are being marketed at much higher market rental rates. All roofs replaced within the past few years, numerous HVAC units have been replaced, Great parking, there are 4 different style units, all units have laundry hookups in their unit, and there is a manger office on site. Currently the Owner pays water/sewer/trash.

Location

State KY

County Jefferson

Direction Watterson Expressway to 3rd St exit, go right off of the exit then turn into the gas station immediately on the right, go through the parking lot and exit to the left. Continue through the next stop sign and the complex is on your right.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Listed by Genesis Realty LLC
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+1(502) 442-1133

tommy@aspirelouisville.com

2420 Lime Kiln Lane - STE E, Louisville, KY, 40222

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108 E Florence Ave