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2045 Douglass Blvd
Louisville, KY 40205
Douglass Manor · Multifamily Property For Sale · 27 Units

Property Facts

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.58 AC
Building Size 18,417 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2016
Parking Ratio 1.03/1,000 SF
Cross Streets Bardstown Rd
Zoning R7 - Residential - Apartments

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities

About 2045 DOUGLASS BLVD , LOUISVILLE, KY 40205

Marcus & Millichap is honored to facilitate the private sale of The Diplomat Apartments located in the highly sought Highlands Neighborhood of Louisville, KY. Locally owned restaurants, bars, boutiques, shops, and buildings comprised of elegant historic architecture line the streets. The Diplomat is situated in arguably the BEST area of Louisville which sees very few multifamily buying opportunities. This 27 Unit Complex is a historic gem. The current owner has just completed a thorough and beautiful renovation to the entire complex. A sample of the renovation includes; new windows, doors, hardware, countertops, cabinets, plumbing, electric, HVAC, lighting, signage, flooring and a newly repaved parking lot. The Diplomat provides a new owner the opportunity to acquire a solid asset in a dense, high income residential area. New ownership needs to do absolutely nothing to this asset. Simply enjoy the benefit of Class A rental rate increases and low operating expenses due to in-place RUBS.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 $815.00 550
1+1 21 $945.00 750
  • Listing ID: 5979811

  • Date on Market: 2/23/2017

  • Last Updated:

  • Address: 2045 Douglass Blvd, Louisville, KY 40205

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