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Hidden Hills
401 Allison, Madisonville, KY 42431

All Brick 12-plex (6 up 6 down)
N/A
78
70,000 SF
Multifamily
Garden/Low-Rise
Multifamily (land)
Investment
96%
2
1980
15 AC
80 / 1,000 SF
-
Last Verified 2/10/2010
Listing ID 14491921
Highlights
Great Investment Property
Room to Grow
Privacy
Low Maintenance
Well-Maintained
High Occupancy
Description
Complex that consists of 3 12-plexes of 2 bedroom apartments, 2 12-plexes of 1 bedroom apartments, 6 sets of 3-plex townhouses. (total=78 units). Included is undeveloped land that is zoned multi-family (12 lots for townhouses, 2 lots for 12-plexes). 1 Bedrooms rents for $300, 2 bedrooms for $375, and townhouses for $450. (per month). All units have their own water and electric meters. Tenants pay their own utilities. All have stoves, refrigerators and dishwashers. All but the 1 bedrooms have washer/dryer hookups. 12-plexes are all brick. All units have been well-maintained. Property is almost completely fenced in. The complex has an on site managing office that contains an office, laundry mat, a 2 BR apartment, storage for maintainence supplies and equipment. New roofs installed(2009).
Located in Madisonville, Kentucky, 42431. Road entering complex is Allison and is city-maintained. Other road is Conner Court which is also city-maintained. Both roads were repaved in the summer of 2005.
Map of 401 Allison, Madisonville, KY 42431 (Hopkins County)
Created 2/6/2006
Additional Information for 401 Allison Avenue, Madisonville, KY 42431
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO