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3041 Sprowl Rd, Louisville, KY 40299

Commercial property for sale

  • Description
  • Sprowl Meadow Apartments is a well-located, 76 unit investment property in a quality location off Taylorsville Road in Jeffersontown. 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: 48 2 BR/ 1 BA 27 1 BR/ 1 BA This asset is part of a larger portfolio offering of 150 units. Inquire with agent for further details. Building price details: $1,900,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Mid-Rise
    Status: Available
    Price: $ 25,000 +/Unit
    Number of Stories: 3
    Year Built: 1972
    MSA: Louisville-Jefferson County
    Buildings: 3
    Construction: Brick
    Terms: Cash to Seller
    Added: 06/15/2012
    Last Update: 09/07/2012
  • Contact info
  • 502-365-3840 [Office]
  • Note

  • Details Info about this row that located on 3041 Sprowl Rd, Louisville, KY 40299 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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