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200 Shalimar Dr
Glasgow, KY 42141
River Glow Apartments · Multifamily Property For Sale · 72 Units

PROPERTY FACTS

No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.80 AC
Building Size 76,284 SF
Average Occupancy 79%
No. Stories 2
Year Built/Renovated 1974/2023
Zoning COMMERCIAL

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Bay Window
  • Ceiling Fans
  • Kitchen
  • Dining Room
  • Family Room

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

ABOUT 200 SHALIMAR DR , GLASGOW, KY 42141

Prime property for income -- This a 72 unit project in 7 buildings with 4 additional acres to build on. There are currently 16 one bedrooms and 56 two bedrooms with a freestanding office/laundry room. With a gross yearly income of 358,200 and 4 acres to expand, this is a hands on project you will be able to profit from.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $500.00 650 - 850
2+1 56 $512.50 750 - 850

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-66
Land Assessment
$431,000
Improvements Assessment
$3,062,000
Total Assessment
$3,493,000
  • Listing ID: 9898964

  • Date on Market: 11/7/2017

  • Last Updated:

  • Address: 200 Shalimar Dr, Glasgow, KY 42141

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