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1000-1200 Pine Valley Dr
Elizabethtown, KY 42701
The Villas of Pine Valley · Multifamily Property For Sale
·
60 Units
Investment Highlights
- Ownership has raised rents $25 every quarter the past 2 years providing on average a $125 monthly rental premium compared to in-place leases.
- Villas of Pine Valley is home to a diverse set of economic drivers and a bustling expansion in the local market.
- Elizabethtown is Louisville's bedroom community with a 45 minute drive to KY's largest city.
- This provides an opportunity for an incoming investor to burn off the loss-to-lease via lease renewals.
- Elizabethtown has 80+ manufacturing plants with over 9,200 employees.
- The I-65 corridor between Louisville and Elizabethtown is growing rapidly with an array of new production and manufacturing facilities expanding.
Property Facts
| No. Units | 60 | Lot Size | 5.16 AC |
| Property Type | Multifamily | Building Size | 59,400 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | R-6 - High Density Residential | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.16 AC |
| Building Size | 59,400 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R-6 - High Density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 60 | - | 915 |
Property Taxes
| Parcel Number | 200-00-00-008 | Improvements Assessment | $1,045,000 |
| Land Assessment | $63,700 | Total Assessment | $1,108,700 |
Property Taxes
Parcel Number
200-00-00-008
Land Assessment
$63,700
Improvements Assessment
$1,045,000
Total Assessment
$1,108,700
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