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200 N Franklin St
Princeton, KY 42445
Franklin Place Apartments · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Lot Size | 0.56 AC |
| Property Type | Multifamily | Building Size | 21,790 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2005 |
| Building Class | B | Parking Ratio | 1.42/1,000 SF |
| Zoning | Comm - Commercial | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.56 AC |
| Building Size | 21,790 SF |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | Comm - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Fitness Center
- Laundry Facilities
- Elevator
- Multi Use Room
ABOUT 200 N FRANKLIN ST , PRINCETON, KY 42445
PRINCETON, KY Princeton is in the southwestern part of Kentucky, located in Caldwell County. Transportation is made easy by interstate 24 being less than 15 minutes from downtown and interstate 69 running directly through town. Access to these main highways makes Princeton Kentucky less than a 3.5-hour drive to major MSA’s like Nashville (2 hours), Memphis (3 1/2 hours), St. Louis (3 hours), and Louisville (2 1/2 hours). Princeton is home to 6,131 people who work primarily in manufacturing. 92% of the population have at least a high school degree, and the median household income is $43,958. The major employers are TreeHouse Foods Inc (594 jobs), Hydro-Gear LP (260 jobs), Cardwell Medical Center (100 jobs), and Special Metals Corporation (67 jobs). Princeton is preparing for growth. Recently, the city announced the 15th build ready industrial site in Kentucky. The site includes a 10-acre plot that can be expanded to 48 acres and a 200,000 square foot industrial building pad that is serviced by water, sewer, electric, and natural gas. Princeton also has a strong history of investment, and multiple companies are currently investing in the area. Princeton offers great amenities to its residents. Residents have access to top of the line healthcare at Caldwell Medical Center. The facility has 25 staffed beds and had a total patient revenue of $25 million. The Princeton-Caldwell County Airport is within 2 miles of Franklin Place and houses roughly a dozen aircrafts. There are multiple restaurant options in Princeton and shopping includes a Walmart, Goody’s Home Goods store, and other local shops. There are two parks in Princeton, and each are thoroughly enjoyed by the locals and visitors.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | $465.00 | 650 |
| 2+1 | 12 | $565.00 | 814 |
PROPERTY TAXES
| Parcel Number | P4-36-6 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,800,000 |
PROPERTY TAXES
