This property is Off-Market

2025 Brownsboro Rd.
Louisville, KY 40206 ·

80 Units · Multifamily For Sale

N/A

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East Point Apartments

Price N/A Commission Split 2%
No. Units 80 Cap Rate 10%
Building Size 84,452 SF Occupancy 75%
Property Type Multifamily No. Stories 2
Property Sub-type Garden/Low-Rise Year Built 1967
Property Use Type Investment Lot Size 2.77 SF
Listing ID: 15520562 Date Created: 01/18/2008 Last Updated: 12/17/2008

Description

**Seller will consider every offer!! MAKE YOUR HIGHEST AND BEST OFFER**

Reposition Deal (huge value add)

80 units in average (C) condition in well established (B)area! Built in 1967, uniquely built overlooking a busy road. Separately metered, individual electric furnaces, individual electric water heaters, laundry room. Great potential (possible condo conversion!)

Several capital improvements
-roofs and gutters (less then 2 years old)
-windows (less then 2 years old)
-retaining wall in parking lot (less then 1 years old)

Well established Crescent Hill / Clifton area of Louisville, KY. High density multi-family and SFR homes surround the property. Directly across the street from Kroger anchored center and CVS pharmacy.

Research

2025 Brownsboro Rd., Louisville, KY 40206 (Jefferson County)

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