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23 Avonlea Drive
Paris, KY 40361
The Townhomes at Avonlea Park · Multifamily Property For Sale
·
58 Units
Investment Highlights
- Over 12 Years of Ownership
- Rents Significantly Below Market Average
- Opportunity for Professional Property Management
- Well-Maintained Assets
- Proposed Interior Renovations for Significant Upside
Property Facts
| No. Units | 58 | Lot Size | 5.66 AC |
| Property Type | Multifamily | Building Size | 50,223 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | B | Parking Ratio | 0.74/1,000 SF |
| Zoning | R-1 - 3 - Commercial | ||
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 5.66 AC |
| Building Size | 50,223 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.74/1,000 SF |
| Zoning | R-1 - 3 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Yard
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | $600.00 | 750 |
| 2+1 | 28 | $628.00 | 850 - 900 |
| 3+1 | 17 | $748.00 | 962 - 1,200 |
Property Taxes
| Parcel Number | 026-50-04-023.00 | Improvements Assessment | $3,400,000 |
| Land Assessment | $200,000 | Total Assessment | $3,600,000 |
Property Taxes
Parcel Number
026-50-04-023.00
Land Assessment
$200,000
Improvements Assessment
$3,400,000
Total Assessment
$3,600,000
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