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$1,392,000
Est. payment /mo
16,920 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 16,920 sqft
Price per Sqft $82
MLS Listing ID 1728474
Style Traditional
HOA Y/N No
Abv Grd Liv Area 11,280
Year Built 1959
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 11280
Property Description
Listing includes 2737 and 2739 Brownsboro Rd. This 16-unit multifamily investment opportunity is located on Lower Brownsboro Road in the desirable Clifton Heights neighborhood, a high-demand rental submarket with convenient access to established neighborhoods, shopping, dining, employment centers, and major transportation corridors. The offering consists of two well-maintained buildings, each featuring eight 1-bedroom/1-bathroom units. The property is professionally managed and provides investors with stable operations and potential for continued rental growth. Units are separately metered for gas and electric and feature individual furnaces and water heaters, minimizing landlord-paid utility expenses. Residents also benefit from ample on-site parking, individual covered carports, clean basement laundry facilities, and tenant storage. The property offers investors the opportunity to acquire a stabilized multifamily asset in a mature Louisville submarket with upside potential through continued rent growth and operational efficiencies. The offering is well suited for both established investors seeking to expand their portfolios and investors entering the multifamily market.
Location
State KY
County Jefferson
Direction Brownsboro Rd.
Interior
Heating Forced Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Architectural Style Traditional
Structure Type Brick
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