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$ 5,990,000
Est. payment | /mo
2 Beds
1 Bath
900 SqFt
$ 5,990,000
Est. payment | /mo
2 Beds
1 Bath
900 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $6,655
MLS Listing ID RA20260882
Bedrooms 2
Full Baths 1
Year Built 1995
Lot Size 1.120 Acres
Property Sub-Type Multi-Family
Property Description
52-Unit Value-Add / Stabilized Multifamily Opportunity – Shepherdsville, KY Positioned in the direct growth path of Shepherdsville and just minutes from Exit 117 on Interstate 65, this 52-unit multifamily offering presents a rare opportunity to acquire a substantially renovated asset in one of Kentucky's fastest-growing logistics and industrial corridors. All 52 units are 2-bedroom, 1-bathroom floor plans constructed of durable brick exteriors across 12 buildings. Over the past three years, ownership has completed extensive renovations to 90%+ of the units, creating a highly attractive, low-deferred-maintenance investment. Interior upgrades include (but are not limited to): Renovated kitchens and bathrooms New cabinets, vanities, tubs, and sinks Updated appliances Replaced water heaters New and updated HVAC systems New flooring and paint Updated fixtures throughout In addition to interior improvements: Over half of the A/C units have been replaced within the last five years The parking lot was completely redone two years ago Roof replacements are currently underway on 8 of the 12 buildings This level of capital improvement significantly reduces near-term maintenance exposure while positioning the property for continued rent growth. Owner/ licensed agent in the state of KY
Location
State KY
County Bullitt
Area Bullitt County
Interior
Laundry In Apartment
Exterior
Exterior Feature Brick/Brick Veneer
Utilities Available Separate Metered
Roof Type Dimensional
Building
Foundation Crawl Space, Slab
Schools
Elementary Schools Shepherdsville
Middle Schools Bullitt County
High Schools Bullitt County
Others
Tax ID 045-000-00-010G
Listed by Crye-Leike Executive Realty
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