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633 Big Hill Ave
Richmond, KY 40475
Vines at Saddlebrook · Multifamily Property For Sale · 136 Units

PROPERTY FACTS

No. Units 136
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 9.03 AC
Building Size 115,872 SF
Average Occupancy 95%
No. Stories 2
Year Built 1970
Parking Ratio 1.83/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Wi-Fi

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Gas Range
  • Package Service
  • Pet Play Area
  • Recycling
  • Community-Wide WiFi
  • Maintenance on site

ABOUT 633 BIG HILL AVE , RICHMOND, KY 40475

Silvestri Real Estate is pleased to present Saddlebrook Apartments, a 136-unit community in Richmond, KY. Saddlebrook is a professionally managed, stable asset with numerous value-add opportunities. Recently upgraded units have proven a straightforward rental increase proving pent-up demand. The current ownership has thoroughly maintained the property allowing easier value-add upside for the next owner. Rarely will you find an asset with consistent cash flow right out of the gate and potential upside to enhance rents.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 - 600
2+1 72 - 842
3+1 48 - 951

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0068-0000-0034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,908,000
  • Listing ID: 16627401

  • Date on Market: 7/16/2019

  • Last Updated:

  • Address: 633 Big Hill Ave, Richmond, KY 40475

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