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For Sale

10 Unit Apartment in off Bardstown Rd

2118 Old Shepherdsville Rd,
Louisville, KY 40218
Represented by
eXp Commercial

Asset Snapshot

N/A
Multifamily Subtype
1998
Year Built
1
Floor Count
2
Building Count
0.28 Acres
Land Area
10 Units
Unit Count
0 SF
Average Unit Size
5,008 SF
Property Size

Offering Summary

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

How it Works

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Listing Syndicated From

Buildout
For Sale
$650,000
Asking Price

Investment Sales Broker

Katie Renfro
eXp Commercial