3242 Orchard Manor Circle, Louisville, KY 40220

Commercial property for sale

  • Description
  • Excellent East End Multifamily Investment Offering. 9.25% cap rate. Enjoy strong economic performance, strong fundamentals in Louisville multi-family market by owning this quality, well maintained 24 unit property in the Hikes Point neighborhood of Louisville. This property is located in a high-demand area, and has experienced many upgrades by the current owner. These upgrades include new thermo-windows, new insulation in the attic, common area upgrades that include carpet and entrance doors, and upgrades in many individual units. The property offers a diverse mixture of 12 one bedroom and 12 two bedroom apartments (appeal to many rental demands and price points!). The buiding currently enjoys very high occupancy and professional management. Fundamentals are currently strong and the future is bright for multi-family housing. Step in and enjoy the benefits of ownership with this well maintained asset. Building price details: $935,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 38,958 +/Unit
    MSA: Louisville-Jefferson County
    Buildings: 1
    Terms: Cash to Seller
    Added: 03/26/2012
    Last Update: 04/19/2012
  • Contact info
  • 502-365-3840 [Office]
  • Note
  • Details Info about this row that located on 3242 Orchard Manor Circle, Louisville, KY 40220 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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