Investment Overview
Exceptional opportunity for the savvy multifamily investor! Located at 2118 Old Shepherdsville Road, this 5,008-square-foot, 10-unit property is offered at an attractive price of $65,000 per unit.
Built in 1998 and zoned C-1, the property offers significant potential for rental growth and value-add improvements. As an additional incentive, the seller is willing to provide a credit at closing for six new mini-split heating and cooling systems, subject to the terms of an accepted purchase agreement.
The property’s convenient location provides easy access to I-264 and major Louisville corridors, connecting residents to employment centers, shopping, dining, and everyday services.
This is an excellent opportunity to acquire a well-located multifamily asset at a competitive basis. Pro forma financial information is available upon request.
Investment Highlights
- - 5,008 SF, 10-unit multifamily property
- - Built in 1998, zoned C1
- - Asking price of $650,000
- - Attractive price of $65,000 per unit
- - Seller credit for six new mini-split systems in addition to the 4 new units recently installed.
- - Value-add and rental-growth potential
- - Convenient access to I-264 and major Louisville corridors
- - Pro forma financial information available upon request