12504-12506 Townepark Way - Apartments FOR SALE


Middletown, KY 40243
$3,000,000 USD
502-523-7873
12504-12506 Townepark Way, Middletown, KY for Sale
$3,000,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

12504-12506 Townepark Way
Middletown, KY 40243


HIGHLIGHTS

  • location, age and condition of property, 100% occupancy

OVERVIEW

Class A property for sale. 16 units, 100% occupancy. See attached P&L. Building has brand new roof. $155 monthly HOA per unit. In middletown at front of Towncreek neighborhood, near starbucks and eastern high school. Great location. For sale by owner. Offering no set commission to buying agent. Can be negotiated. Townepark condominiums is a 5 building, 40 unit complex. This sale is for 2 of the buildings/16 units. The other 3 buildings/24 units are owned by 5 other investors. The relationship with the other owners is very good. We run the HOA together keeping costs down.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

16

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,279 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan LykinsRyan LykinsMore Info
502-523-7873

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Ryan LykinsRyan LykinsMore Info
502-523-7873

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.