Description
This quality workforce housing property is comprised of 6 units that are all 2BR/1BA . The property has had updates to all the common areas and three of the units have been renovated. Further upside exists with renovation to the units as they come available to achieve higher rents. Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities as well as proximity to Louisville's premier suburban medical district. The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth. Additional units are available as part of a larger portfolio offering. Inquire with the listing agent for more information. Link to a deal room with rent roll here: https://connect.prgproperty.com/deal-room/296?signature=e691d31dacffec4dd3f0e7e0ba2280fe7113a7939045d783589a17d4c0a301f6
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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5,565SQFT
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$94$/SQFT
School Ratings & Info
Description
This quality workforce housing property is comprised of 6 units that are all 2BR/1BA . The property has had updates to all the common areas and three of the units have been renovated. Further upside exists with renovation to the units as they come available to achieve higher rents. Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities as well as proximity to Louisville's premier suburban medical district. The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth. Additional units are available as part of a larger portfolio offering. Inquire with the listing agent for more information. Link to a deal room with rent roll here: https://connect.prgproperty.com/deal-room/296?signature=e691d31dacffec4dd3f0e7e0ba2280fe7113a7939045d783589a17d4c0a301f6
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Listing provided courtesy of PRG Commercial Property Advisors: (502) 365-3840.
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