4117 Pinecroft Dr, Louisville, KY 40219

$?
6,000
SqFt
Sold Price
$?
List Price
$895,000
Closing Date
Jan 21, 2022
MLS#
1592643
Status
CLOSED
Type
Multifamily
City
Louisville
Area
6 - Buechel / Highview / Oklona / Fern Creek
County
Jefferson
Living Area
6,000

Property Description

This offering includes 4115 and 4117 Pinecroft Dr., 12 units each, for a total price of $1,790,000, or may possibly be sold separately. The asset has been well-maintained, with new roofs and unit upgrades. The 24 units are all 1BR/1BA, and have enjoyed consistent occupancy and revenues, with low turnover or maintenance expense. One of the tenants works as the property manager, and ensures that the property is well-maintained, and inhabited with timely-paying tenants. Highlights include: > 24 1BR/1BA units > Stabilized property with efficient operation in place > Separately metered for LGE (LL pays some LGE, see rent roll) > Close proximity to I-65 and new industrial developments > Ample off street parking > Opportunity to increase rents as longer term tenants vacate

Additional Information

Exterior
Balcony
Living Area
6,000
Region
6 - Buechel / Highview / Oklona / Fern Creek
Style
Select One
Utilities
City Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of PRG Commercial Property Advisors. Selling Office: .