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112 W Woodlawn Ave 112 W Woodlawn Ave 18 Unit Apartment Building $1,550,000 ($86,111/Unit) Louisville, KY 40214
Investment Highlights
- Excellent location.
Executive Summary
18 Units In South Central Louisville
This 18 unit property is very well located in South Louisville in the thriving Beechmont neighborhood. Situated on a high profile corner, the building consists of 18 2BR/1BA units. The property is well-maintained by the owner through their own professional property management services. All tenants pay their own LG and E, and many upgrades have been made that include renovations to many units and a newer roof.
The property is in a mature, stable location that has experienced continuous improvement over the years. It is just steps from restaurants and other shopping. It enjoys close proximity to the airport/UPS World Hub and other industrial users.
This presents the opportunity for an investor to acquire a stable, professionally managed asset with high occupancy and continued upside potential in rents.
This 18 unit property is very well located in South Louisville in the thriving Beechmont neighborhood. Situated on a high profile corner, the building consists of 18 2BR/1BA units. The property is well-maintained by the owner through their own professional property management services. All tenants pay their own LG and E, and many upgrades have been made that include renovations to many units and a newer roof.
The property is in a mature, stable location that has experienced continuous improvement over the years. It is just steps from restaurants and other shopping. It enjoys close proximity to the airport/UPS World Hub and other industrial users.
This presents the opportunity for an investor to acquire a stable, professionally managed asset with high occupancy and continued upside potential in rents.
Property Facts
| Price | $1,550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $86,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| No. Units | 18 | Building Size | 12,068 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1972 |
| Zoning | R8A-RESIDE | ||
| Price | $1,550,000 |
| Price Per Unit | $86,111 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 12,068 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | R8A-RESIDE |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
- Walk-Up
- Smoke Detector
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 058C01050000 | Improvements Assessment | $827,700 |
| Land Assessment | $62,300 | Total Assessment | $890,000 |
Property Taxes
Parcel Number
058C01050000
Land Assessment
$62,300
Improvements Assessment
$827,700
Total Assessment
$890,000
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Contact the Sale Advisor
112 W Woodlawn Ave | 112 W Woodlawn Ave