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4519-4523 Broadleaf Dr
Louisville, KY 40216
Broadleaf Arms · Multifamily Property For Sale
·
77 Units
Investment Highlights
- An incoming investor can take advantage of the demand in the submarket and stabilize the property with a strategic marketing initiative
- Loss-to-Lease Burn Off: $62/unit/month of loss to lease can be recaptured at lease renewals providing over $800k of value creation
- Utility Transfer: Continue implementing a utility billback for water-sewer, and continue moving electric into tenants' name upon lease-up/renewal
Property Facts
| No. Units | 77 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 68,358 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 3.24/1,000 SF |
| Zoning | R-7 Residential | ||
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 68,358 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 3.24/1,000 SF |
| Zoning | R-7 Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Wheelchair Accessible
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 53 | - | 800 |
| 2+1 | 24 | - | 950 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,411,710 | |
| Land Assessment | $146,490 | Total Assessment | $1,558,200 |
Property Taxes
Parcel Numbers
Land Assessment
$146,490
Improvements Assessment
$1,411,710
Total Assessment
$1,558,200
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