Investment Overview
Hoagland Commercial is pleased to present this fully renovated, 9-unit multifamily property in the heart of Old Louisville. Current ownership has renovated all of the units, as well as a wide swathe of long-term Cap-Ex items, including but not limited to the roof, mechanicals, and meters. Located directly across the street from Central Park, this unique offering provides an investor the opportunity to purchase a cash-flowing asset that sits on an irreplaceable site within an historic neighborhood.
The property has on-site parking and laundry, as well as large exterior storage units that can be rented separately, providing additional income opportunities for an investor to capitalize on. The units are a mix of 1-br and 2-br units.
Tenants are responsible for their own electricity, while water consumption is divided based on a pro-rata share as per lease agreements.
Please reach out today with any questions.
Investment Highlights
- - Prime location
- - Recently renovated