6 Duplexes + 1 s/f rental home

Multi-Family for Sale
Catylist Listing ID: 29527719
Property Subtypes: Duplex/Fourplex
Number of Units: 13 Units
Building Size (RSF): 11,616 SF
Gross Building Area: See Agent
Gross Land Area: 1.92 SF
Sale Price: $925,000
Unit Price: $71,153.85 Per Unit
Property Use Type: Investment
Building Name: Forestry Park Townhomes and Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2018

Overview / Comments

13 fully leased units; 3 two story 3/2 + 2 car garage duplexes (6 units) + 3 one story 1/1 duplexes (6 units) + 1152 s/f 2/1 rental home; tenants pay electric/water; landlord pays sewer/trash; all units have w/d connections; all units have new roofs; located adjacent to Clark State Forest; last property going north on westside of Hwy 31 (a/k/a North Ferguson St). See broker for income/expense information; 2 of owners are licensed real estate brokers in Indiana.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-06-27-000-078.000-027
Zoning: R4
Market Type: Rural
Side of Street: West
Road Type: Paved
Total Number of Buildings: 7
Property Condition: Good
Number of Stories: 2
Year Built: 2002
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,974 5,611 9,532
Median Age: 35.2 39.45 39.96
Households: 747 2,048 3,592
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.