Overview
- Updated On:
- March 11, 2024
- 6,000 ft2
Description
This is a great opportunity to own a cash flowing 12-unit apartment building. The property is situated on a large lot conveniently located at the corner of Preston Highway and E Indian Trail. The proximity to bus stops and grocery stores makes this asset very desirable for tenants. The owners have turned several units installing LVP flooring. The improved units are leased for $901. A new owner can continue turning units and raising rent to add value.
Highlights include:
> 11 1BR/1BA units and 1 studio unit
> Separate electric meters, tenants pay their own electric
> High occupancy
> Ample off street parking
Address: 3200 E Indian Trail Trl, Louisville, KY 40219
City: Louisville
Area: NONE
State/County: Jefferson
Zip: 40219
Country: United States
Open In Google Maps
Property Id : 987196
Price: $ 845,000
Property Size: 6,000 ft2
InternetConsumerCommentYN: 1
TaxLot: 0
AboveGradeFinishedArea: 6000
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 0
StreetNumberNumeric: 3200
Roof: Shingle
ConstructionMaterials: Brick
ListAgentFullName: Jenny Johnston
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-645-1729
OnMarketDate: 2023-06-23
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20150507142002322473000000
ListAgentLastName: Johnston
ListAgentFirstName: Jenny
MajorChangeType: Price Reduced
DocumentsCount: 0
LotSizeSquareFeet: 0
ListingId: 1639426
YearBuilt: 0
SourceSystemName: Metro Search (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20230623011905558268000000
ArchitecturalStyle: Traditional
StateOrProvince: KY
ListOfficeName: PRG Commercial Property Advisors
OriginatingSystemKey: 20230623011905558268000000
VideosCount: 0
PhotosCount: 8
BuildingAreaTotal: 6000
OriginatingSystemName: Metro Search (Greater Louisville Association of REALTORS®)
Utilities: City Sewer
OriginalListPrice: 920000
ListingContractDate: 2023-06-22
StreetSuffix: Trl
OriginatingSystemID: M00000290
LotSizeDimensions: 0
StreetNumber: 3200
StreetName: Indian Trail
ListAgentEmail: jenny@prgproperty.com
ListOfficeMlsId: 1672101
MlsStatus: Active
TaxBlock: 0
LotSizeArea: 0
SourceSystemID: M00000290
ParcelNumber: 0
ListAgentMlsId: 26529
AssociationFee: 0
Heating: Other
StreetDirPrefix: E
Directions: Get on I-65 S
2 min (0.5 mi)
Follow I-65 S to Grade Ln. Take exit 130 from I-65 S
6 min (5.8 mi)
Take Preston Hwy to your destination
NumberOfUnitsTotal: 12
MLSAreaMajor: 06-Buchel/Hghvw/okolona/FernCreek
MLSAreaMinor: 06-Buchel/Hghvw/okolona/FernCreek
Other Features
Balcony
Has Heating System
$ 4,332.48
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,276.23
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