4329 S 2nd St - Apartments FOR SALE


Louisville, KY 40214- Wilder Park
$699,999 USD
615-260-2807
4329 S 2nd St, Louisville, KY for Sale
$699,999 USD
Apartments - FOR SALE
1/6
null | 7.3% Cap Rate

4329 S 2nd St
Louisville, KY 40214
Wilder Park


HIGHLIGHTS

  • Value Add Opportunity
  • Below Market rents
  • 90% Occupancy

OVERVIEW

Exceptional Value-Add opportunity in Louisville consisting of Two 5-unit buildings adjacent to each other. Each building is 2,300SF (4,600SF in total), built in 1960, boasting a total of 10 units and is zoned R6-RESIDEN. With a 90% occupancy rate, this property offers immediate income potential and room for growth. The low-rise/garden style of the building provides a desirable living environment for tenants while offering a lucrative opportunity for a savvy investor. Don't miss the chance to add this promising property to your portfolio and capitalize on the upside upon stabilization of these buildings.

FOR SALE DETAILS

PRICE

$699,999 USD

PRICE/SF

$101 USD /SF

# OF UNITS

10

PRICE/UNIT

$70,000

CAP RATE

7.3%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

R6

APN/PARCEL ID

055K00020000

ASK ABOUT THIS PROPERTY

Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-260-2807

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Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-260-2807

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