200 N Hill N Dale St 40 Unit Apartment Building $3,250,000 ($81,250/Unit) 6.30% Cap Rate Danville, KY 40422

200 N. Hill-N-Dale Street is a 40-unit multifamily property in Danville, KY. The property, built in 1975 and renovated in 2018, is 32,460 square feet and is situated on 2.35 acres. There are 24 one-bedroom/one-bathroom units and 16 two-bedroom/one-bathroom units. The one-bedroom units are 750 square feet and offer washer/dryer hookups. The two-bedroom units are 900 square feet. Each unit offers LVT, tile, and carpet flooring and separate dining and living room areas. The property features ample paved parking providing off-street parking for all units and abundant green space. It is ideally located minutes from Centre College, retail centers, and downtown Danville.

This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 115 Delmont Drive, Lexington, KY.

Financials available upon request.
-Ample paved parking providing off-street parking for all units
-Abundant green space
-Ideally located minutes from Centre College, retail centers, and downtown Danville
-Recent plumbing upgrades
-Washer/Dryer hookups available in certain units
Unit Features:
-One bedroom, One bathroom units – 750 square feet
-Washer/Dryer hookups available in the one bedroom units
-Two bedroom, One bathroom units – 900 square feet
-LVT and carpet flooring
-Separate dining and living room areas