Description
This offering includes 601 Revolutionary Road and 7602 Garrison Road This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside. The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents. Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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21,900SQFT
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$114$/SQFT
School Ratings & Info
Description
This offering includes 601 Revolutionary Road and 7602 Garrison Road This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside. The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents. Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
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Listing provided courtesy of PRG Commercial Property Advisors: (502) 365-3840.
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