$845,000
Louisville, KY 40219
MLS# 1639426
6000 sqft
1 / 8
Property Description
This is a great opportunity to own a cash flowing 12-unit apartment building. The property is situated on a large lot conveniently located at the corner of Preston Highway and E Indian Trail. The proximity to bus stops and grocery stores makes this asset very desirable for tenants. The owners have turned several units installing LVP flooring. The improved units are leased for $901. A new owner can continue turning units and raising rent to add value. Highlights include: > 11 1BR/1BA units and 1 studio unit > Separate electric meters, tenants pay their own electric > High occupancy > Ample off street parking
Details
Maps
None
Current Price: $845,000
General Listing Information
Listing Date: 2023-06-22
Listing Price: 845000
Property Sub Type: Apartment
HOA Y/N: No
Location
Street #: 3200
St Dir: E
Street: Indian Trail
St Suffix: Trl
Area: 06-Buchel/Hghvw/okolona/FernCreek
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40219
Subdivision/Condo: NONE
Directions: Get on I-65 S
2 min (0.5 mi)
Follow I-65 S to Grade Ln. Take exit 130 from I-65 S
6 min (5.8 mi)
Take Preston Hwy to your destination
Geo Lat: 38.168321
Geo Lon: -85.700936
Contract Info
Original List Price: 920000
Disclosure: No
Property Description
SqFt -Total Finished: 6000
Above Grade Finished: 6000
SqFt - Source: Other
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: No
Total Units: 12
# Parking Spaces: 12
Covered Parking: No
Separate Meters: No
Sold As-Is: No
M Struct Flood Plain: No
Style: Traditional
Status Change Info
Status: Active
Property Features
Construction: Brick
Roof: Shingle
Exterior: Balcony
Utilities: City Sewer
Heating: Other
Listing Office: PRG Commercial Property Advisors
Last Updated: March - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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