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225 S 42nd St
Louisville, KY 40212
Shawnee Garden Apartments LTD · Multifamily Property For Sale
·
43 Units
Investment Highlights
- 43 Units, one roof
- Current rents, below market rate
- 95% Occupancy
Property Facts
| No. Units | 43 | Building Size | 38,700 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1915/2017 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 1.61 AC | Cross Streets | Herman St |
| Zoning | Multifamily | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 38,700 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1915/2017 |
| Parking Ratio | 1.34/1,000 SF |
| Cross Streets | Herman St |
| Zoning | Multifamily |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Window Coverings
Site Amenities
- Controlled Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Multi Use Room
About 225 S 42ND ST , LOUISVILLE, KY 40212
Marcus & Millichap is pleased to present the Shawnee Gardens Apartments,a 43 unit apartment community located in Louisville,Kentucky. Shawnee Gardens is composed of(10)one-bed/one-bath(850 Sq.Ft.)units,(26)two-bed/one-bath(940 Sq.Ft.)units,(5)two-bed/two-bath(944 Sq.Ft.)units,and two offices(895 Sq.Ft.).This recently renovated School House has been updated with new windows,new carpet, new appliances, and a new roof in 2017. Louisville is located approximately 115 miles south of Indianapolis,100 miles south east of Cincinnati,260 miles east of old St.Louis,and 175 miles north east of Nashville. Louisville is Kentucky's largest city(population 760,000)and is the 30th-most popular city in the United States.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $510.00 | 850 - 900 |
| 2+1 | 27 | $550.00 | 936 - 944 |
| 2+2 | 6 | $575.00 | 944 - 970 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,401,000 | |
| Land Assessment | $445,000 | Total Assessment | $2,846,000 |
Property Taxes
Parcel Numbers
Land Assessment
$445,000
Improvements Assessment
$2,401,000
Total Assessment
$2,846,000
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