Garnie Yeager - Coldwell Banker McMahan
613 N Hite
Louisville, KY 40206

$1,550,000

Description

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. 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, etc)+ New keypad access on all front entrances as well as on laundry room.Broker has an ownership interest in this prop

Details

MLS#1522253
Sub-TypeResale
StatusActive
Year1972
Days On Site13

Features

SQ Feet16,618
Units24
Building(s)1

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Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40206
Listing VS Median (in 40206)
Price:
$1,550,000
low | high
Med:
$174,450
100% of Average
SqFt:
16,618
low | high
Med:
1,186
100% of Average
$ / SqFt:
$93
low | high
Med:
$148
9.037703063825% of Average
On Site:
13
low | high
Med:
56.5
23.008849557522% of Average
Listing Updated: 01/21/2019
MLS Number: 1522253
Listing Provided By:
John Hoagland Jr.  of  Hoagland Commercial Realtors