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John Hoagland
  • Real Estate Agent
  • Louisville, KY
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24 Unit Apartment Complex in Louisville, KY

John Hoagland
  • Real Estate Agent
  • Louisville, KY
Posted Jan 10 2019, 10:21

High quality 24 unit apartment building in the desirable Clifton Heights neighborhood. Current ownership has substantially updated the property in 2018 and has left considerable rent growth for new owners. All 24 units are 1BR/1BA and are currently 100% occupied with a 3 person waiting list. The property also offers onsite coin laundry.

Updates include but are not limited to:

+ Full exterior paint of brick and trim

+ New flooring, paint, and LED lighting throughout interior common areas

+ New exterior lighting

+ Full parking lot repair and striping

+ Numerous roof updates

+ Replaced all HVAC systems that were in need of attention

+ Multiple unit upgrades (appliances, flooring, paint, high efficiency toilets, etc)

+ New keypad access on all front entrances as well as on laundry room

Price: $1,550,000

Link to the sale listing with photos on KCREA:

https://www.kcrea.com/listing/OXD8K_7tQUU/613-N-Hi...

Broker has an ownership interest in this property. Please call with any questions!

Offering

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