• 

You can
add space
to this property.

Description

Excellent East End Multifamily Investment Offering. 9.25% cap rate. Enjoy strong economic performance, strong fundamentals in Louisville multi-family market by owning this quality, well maintained 24 unit property in the Hikes Point neighborhood of Louisville. This property is located in a high-demand area, and has experienced many upgrades by the current owner. These upgrades include new thermo-windows, new insulation in the attic, common area upgrades that include carpet and entrance doors, and upgrades in many individual units. The property offers a diverse mixture of 12 one bedroom and 12 two bedroom apartments (appeal to many rental demands and price points!). The buiding currently enjoys very high occupancy and professional management. Fundamentals are currently strong and the future is bright for multi-family housing. Step in and enjoy the benefits of ownership with this well maintained asset. Building price details: $935,000.

Property Details

• Type: Multifamily
• Status: Available
• Buildings: 1

Map Locations