This Multifamily Property is no longer advertised on LoopNet.com.

4 College Ct
Louisville, KY 40203
Multifamily Condo Units Between Two Campuses · Multifamily Property For Sale · 46 Units

Investment Highlights

  • College Court presents an assemblage of 46 condo units, the majority of which are occupied and offer 1-3 bedroom layouts.
  • In an Opportunity Zone and adjacent to the Old Louisville and Limerick neighborhoods, 2 minutes to downtown and 6 minutes to the bridge to Indiana.
  • Buyer has the opportunity to keep as-is and raise rents via fair market guidelines or to spin off as individual condo sales.
  • Upside via the assemblage of units, allowing full control of the HOA, and the green space allows for future development of additional units.
  • The property is low-cost to run as the buildings are constructed from durable concrete, with non-conventional HVAC system requiring little maintenance
  • Property tours are available by appointment only. Please contact the broker to schedule.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.13 AC
Building Size 45,546 SF
No. Stories 2
Year Built 1988
Zoning R-7 - Residential | low-to-medium density
Parcel Numbers
029E01080000
  • 029P00D30000

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Basketball Court
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 32 - -
3+1 6 - -
2+1.5 3 - -
2+2 2 - -
  • Listing ID: 32319872

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 4 College Ct, Louisville, KY 40203

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