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Contact info

• 502-458-2722 [Office] 

Description

ABSOLUTELY UNBELIEVABLE OPPORTUNITY TO OWN 18 APARTMENT UNITS IN A GREAT LOCATION AT A GREAT PRICE!! BRING ALL SERIOUS OFFERS NOW! This sale consists of 2 buildings and a total of 18 units which bring approximately $7500 per month and approximately $90,000 per year gross income. The units are very nice and several units have been updated nicely. The owners have taken immaculate care of their apartment units and the vacancy rate is historically very low!!! These apartments are located on Southern Parkway in a very desirable and sought after area. The cap rate is very solid and this is a great opportunity. Buyer to verify all information including but not limited to actual lot size, square footage, utilities, zoning, permitted uses, actual rent rolls, income, expenses, etc. Building price details: $475,000.

Property Details

• Building Name:Cardinal Oaks Apartments
• Type: Multifamily
• Status: Available
• Year Built: 1960
• MSA: Louisville-Jefferson County
• Zoning: R-1
• Buildings: 2
• ConstructionBrick

Exterior Features

• Parking: Yes
• Parking Spaces: 23
• Parking Type: Surface

Terms

• Cash to Seller 

Map Locations