Louisville KY Multi Family for Sale
$1,094,000
4311 Norbrook Dr Louisville, KY 40218
View additional info
Courtesy: PRG Commercial Property Advisors
502-365-3840
ADDITIONAL INFORMATION
This offering includes both 4311 and 4313 Norbrook Dr. Each property contains eight apartment units, and are located with easy access off Fegenbush Lane/Bardstown Road in the Buechel neighborhood. 4311 Norbrook Dr. Highlights: > Eight 1BR/1BA apartments > Individual PTAC's in each unit > Newly paved parking lot > New LVP in some units > Separately metered LG&E 4313 Norbrook Dr. Highlights: > Four 2BR/1BA and four 1BR/1BA apartments > Individual HVAC's in each unit > Coin-op laundry available (used by both buildings) > Separately metered LG&E The buildings have been professionally managed, and there is opportunity to continue to maximize revenues and streamline expenses for the next investor.
- Type:
- Apartment
- Sq.Ft.:
- 9,036
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 1653904
View additional info
Courtesy: PRG Commercial Property Advisors
502-365-3840
ADDITIONAL INFORMATION
Newly increased rents! This 18 unit multifamily asset is located in the Buechel neighborhood, minutes from GE Appliance Park and other major employers, and easy access to public transportation. The property has been professionally managed, and includes 18 1BR/1BA units with dishwashers, ample off street parking, and on site coin op laundry. It is separately metered, and tenants pay their own electric (LL pays for gas hot water heater). This turn-key investment is a great opportunity to start or build a multifamily portfolio.
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Louisville Real Estate
The median home value in Louisville, KY is $229,700. This is higher than the county median home value of $227,100. The national median home value is $338,100. The average price of homes sold in Louisville, KY is $229,700. Approximately 54.42% of Louisville homes are owned, compared to 35.94% rented, while 9.65% are vacant. Louisville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Louisville real estate agent to arrange a tour today!
Louisville, Kentucky 40218 has a population of 630,260. Louisville 40218 is less family-centric than the surrounding county with 22.76% of the households containing married families with children. The county average for households married with children is 26.68%.
The median household income in Louisville, Kentucky 40218 is $58,357. The median household income for the surrounding county is $61,633 compared to the national median of $69,021. The median age of people living in Louisville 40218 is 37.6 years.
Louisville Weather
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 8.7 inches of snow per year.