Basics
Description
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Description:
This stable 12 unit apartment complex is located in the mature, Hikes Point area. Prominently situated on a corner off Breckenridge Lane, this well-maintained asset contains 2 BR units that are all rented at below market rates. Over the years the kitchens and bathrooms have been upgraded in all units.
An investor should be able to enjoy immediate upside in rents without significant investment. Louisville continues to experience very high demand for workforce housing, and an investor can enjoy immediate upside in a high-demand submarket.
>> 12 2BR/1BA units
>> Remodeled kitchens and baths with dishwashers
>> Washer/dryer hookups in each unit
>> All units under-rented on short-term leases
>> Separate LG and E
Location
- Directions: Breckendirge Lane to Property
Building Details
- Architectural Style: Other
- Electric: MultiFamily
- Roof: Shingle
- Construction Materials: Brick
Amenities & Features
- Cooling: Central Air
- Exterior Features: None
- Utilities: City Sewer, City Water
- Heating: Forced Air, Natural Gas
Miscellaneous
- 0