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800 Glen Hollow Dr, Louisville, KY 40214

Commercial property for sale

Description
Glen Hollow Apartments in Louisville's South End Neighborhood is a well-located, 40 unit property with easy access to Iroquois Park. Close to all major roadways, bus lines, shopping, restaurants and schools, this investment offers excellent exposure in a stable, high demand rental area. The all brick construction buildings have had long term owners and have enjoyed historically high occupancy. Take advantage of the Louisville market's strong apartment fundamentals with this attractive and stable investment. There is upside potential with the upward mobility in rents. This opportunity presents an excellent yield and solid income stream. Offered free and clear of existing debt, which enables a buyer to take advantage of the incredible leveraged returns from historically low interest rates. Unit Mix: 24 2 BR/ 1 BA 16 1 BR/1 BA This listing is part of a larger 150 portfolio offering. Please inquire with agent for further details. Building price details: $1,000,000.
Property Details

Building Name:	Glen Hollow Apartments
Property Type:	Multifamily
Use Types:	Low-Rise/Garden
Status:	Available
Price:	$ 25,000 +/Unit
Number of Stories:	2
Year Built:	1973
MSA:	Louisville-Jefferson County
Zoning:	R-5
Buildings:	3
Terms:	Cash to Seller
Added:	06/15/2012
Last Update:	12/14/2012

Note
Details Info about this row that located on 800 Glen Hollow Dr, Louisville, KY 40214 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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