Basics
Description
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Description:
This 15 unit property has a prime location in highly desirable Cherokee Triangle, on the park-side of Eastern Parkway. It is steps from Cherokee Park, Willow Park, and Bardstown Road, on a beautiful tree-lined residential street.
The property includes 10 1BR/1BA units and five 2BR/1BA units, each separately metered for LG&E and with their own HVAC system. There is off-street parking at the rear of the property, and coin-op laundry in the lower level. Most units have a balcony or deck and a dishwasher.
Recent improvements include a new roof (2017), LVP and new carpet throughout the common areas and stairs, and some unit turns including new LVP flooring. Rents are well below market rate, and there is opportunity to continue unit turns and increase revenue. Highlights include:
> 15 units, 10 1BR/1BA and five 2BR/1BA
> Separately metered for LG&E
> Off street parking
> On site laundry
Location
- Directions: Get on I-64 E 5 min (1.9 mi) Continue on I-64 E to Grinstead Dr. Take exit 8 from I-64 E 2 min (2.0 mi) Continue on Grinstead Dr. Take Cherokee Pkwy to Eastern Pkwy
Building Details
- Architectural Style: Traditional
- Electric: MultiFamily
- Roof: Shingle
- Construction Materials: Brick
Amenities & Features
- Exterior Features: Balcony
- Utilities: City Sewer
- Heating: Forced Air
Miscellaneous
- List Office Name: PRG Commercial Property Advisors
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