421 Poplar Level Ct - Apartments FOR SALE


Louisville, KY 40219
$6,000,000 USD
502-583-4040
421 Poplar Level Ct, Louisville, KY for Sale
$6,000,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

421 Poplar Level Ct
Louisville, KY 40219


HIGHLIGHTS

  • 11 three-bedroom units, 56 two-bedroom units, and 13 one-bedroom units
  • Solid occupancy (currently 98.8%) with few delinquencies
  • Newer roof

OVERVIEW

Presenting the impressive property at 421 Poplar Level Court in Louisville, KY, featuring 66,772 square feet of space. This remarkable building, constructed in 1968, comprises 11 three-bedroom units, 56 two-bedroom units, and 13 one-bedroom units, offering a versatile range of options for tenants. With solid occupancy, few delinquencies, and the added benefit of a newer roof, this investment opportunity promises stability and potential for growth. Zoned C1, R7, this property is a compelling choice for Office/Office Building investors seeking a high-performing asset in the thriving Louisville market. Don't miss out on the chance to add this promising property to your commercial real estate portfolio. Agent, Michael Hall, is licensed in the state of Kentucky and has a financial interest in the property.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

80

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chateau Village Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

108

LAND DETAILS

LAND ACRES

2.92 AC

LAND SF

127,195 SF

ZONING

C1

APN/PARCEL ID

062403340000

ASK ABOUT THIS PROPERTY

Michael HallNAI Fortis GroupMore Info
502-583-4040

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

Michael HallNAI Fortis GroupMore Info
502-583-4040

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