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: $875,000
Unit Price: $67,307.69 Per Unit
Property Use Type: Investment
Building Name: Forestry Park Townhomes and Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2017

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

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
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