4860 Fegenbush Lane, Louisville, KY 40228
Commercial property for sale
4860 Fegenbush Lane, Louisville, KY 40228
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- Description
- Maplewood Apartments is a 277-unit complex comprised of 44 4-plex buildings (151 2-BR units, 12 1-BR units, 12 3-BR units and one unit used as rental office), 40 townhomes (36 3-BR/1.5BA - 10 with basementsm 2 3-BR/2 BA, and 2 4-BR/2BA, one 12-plex (1 BR/1BA units),one 16-plex (1 BR/1 BA units), two 6-plexes and 21 units (18 2BR/1B + 3 1BR/1B)located within 5 6-plex buildings. The various units were built between 1969 and 1974 and all have been updated. All 4-plexes and all townhomes have washer/dryer hookups. Surrounding area has seen upsurge in new growth in recent years: 70 acres of attractive new homes developed across the street; the relocation of Mercy Academy (over 500 students) to 5801 Fegenbush Lane; GlobalPort Business Park, a redevelopment of a protion of GE Appiance park that fronts on Fegenbush Lane. In addition, GE is investing $600 million and creating 830 new jobs for new production lines (hybrid water heaters in 2011 and "smart" washers and dryers in 2012), and has announced plans for another $194 million investment and 300 additional jobs to make "green" refrigerators in 2014. S. Hurstbourne Pkwy joins Fern Valley Road at Fegenbush one mile to the south and extends westard 5 miles to Worldport (UPS air hub), the Ford Assembly Plant (being retooled to produce a fuel-efficient vehicle by 2011), and Louisville International Airport. Building price details: $12,750,000.
- Property Details
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Property Type: Multifamily Use Types: Low-Rise/Garden Status: Available Price: $ 46,029 +/Unit MSA: Louisville-Jefferson County Buildings: 1 Construction: Brick/Vinyl Siding Terms: Cash to Seller Added: 01/06/2012 Last Update: 04/19/2012 - Exterior Features
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Parking Type: Surface - Contact info
- 502-425-8800 [Office]
- Note
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