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1600-1614 Brick Kiln Ln

Louisville, KY 40216
  • $1,850,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • ID#: 1652107
Under Contract
UPDATED: 208 min ago
$1,850,000
  • 0
    BEDS
  • 1.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,900
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Ratings & Info

Description

eXp Commercial, LLC is pleased to present this fully occupied 24-unit apartment complex conveniently located off of Dixie Highway on Brick Kiln Lane. This complex sits within walking distance of Kroger, Walgreens, ALDI, Planet Fitness and a variety of other retail, medical, and restaurant centers. The portfolio features 15,900 SF across six buildings and sits on 1.3 acres. The tenant mix offers consistent rental income due to subsidized government assistance. Current gross rental income is $230,160 yr. Of the 24 tenants, 18 are below subsidized market rents. Seller has completely renovated the properties, improvements include new roofs, windows, mechanicals, plumbing, electric and interiors. This is a stable, cash-flowing, turn-key asset for any investors looking to expand their portfolio

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© 2024 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2024-02-27T23:59:48.743.
www.louisvillepropertyonline.com/homes/146361814
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1600-1614 Brick Kiln Ln Louisville, KY 40216

  • Price: $1,850,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • Updated: 208 min ago
  • ID#: 1652107
0
Beds
0
Baths
0
½ Baths
1.3
Acres
15,900
SQFT
$116
$/SQFT
1967
Built
Neighborhood:
None
County:
Jefferson
Area:
Pleasure Ridge/Valley Station/Shively
Property Description
eXp Commercial, LLC is pleased to present this fully occupied 24-unit apartment complex conveniently located off of Dixie Highway on Brick Kiln Lane. This complex sits within walking distance of Kroger, Walgreens, ALDI, Planet Fitness and a variety of other retail, medical, and restaurant centers. The portfolio features 15,900 SF across six buildings and sits on 1.3 acres. The tenant mix offers consistent rental income due to subsidized government assistance. Current gross rental income is $230,160 yr. Of the 24 tenants, 18 are below subsidized market rents. Seller has completely renovated the properties, improvements include new roofs, windows, mechanicals, plumbing, electric and interiors. This is a stable, cash-flowing, turn-key asset for any investors looking to expand their portfolio
Exterior Features

Architectural Style Other Construction Materials ConcreteBrick Exterior Features Porch Roof PitchedShingle

Interior Features

1st Level Bedrooms 12 1st Level Full Baths 12 2nd Level Bedrooms 12 2nd Level Full Baths 12 Above Grade Finished Area 15900 Below Grade Finished Area 0 Building Area Total 15900 Cooling Central Air Cooling YN Yes Heating ElectricForced Air Heating YN Yes

Property Features

1st Level Total Units 12 2nd Level Total Units 12 Association Fee 0 Association YN No Garage YN No Lot Features Dead End Lot Size Area 56628 Lot Size Dimensions N/A Municipality Louisville Preservation Dist None Property Description Parking Spaces 30 Property Description Style Other Property Description Term Lease 1 year Property Sub Type Apartment Utilities City SewerCity WaterElectricity Connected

Listing provided courtesy of EXP Realty LLC: (888) 624-6448. © 2024 Metro Search, Inc. All rights reserved.


© 2024 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2024-02-27T23:59:48.743.
 
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The Sokoler Team - RE/MAX Properties East
10525 Timberwood Circle
Louisville KY, 40223