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4728 Southern Pky
Louisville, KY 40214
Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- In-Place 7% Cap Rate
- Property Currently 93.5% Occupied
- Pro Forma 8.69% Cap Rate
- Strategic Southern Parkway Location
PROPERTY FACTS
| Price Per Unit | $79,032 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.98 AC |
| Cap Rate | 7% | Building Size | 19,675 SF |
| No. Units | 31 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.52/1,000 SF |
| Zoning | R2 - Residential | ||
| Price Per Unit | $79,032 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 19,675 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | R2 - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 34 | - | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,503,160 | |
| Land Assessment | $310,000 | Total Assessment | $1,813,160 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$310,000
Improvements Assessment
$1,503,160
Total Assessment
$1,813,160
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