10233 Blue Lick Rd, Louisville, KY, 40229

USD 2,450,000
For Sale

Property Details

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 0 • Bathrooms: 0 • Square Feet: 22812 • Lot/Size: 1 sqft lot

Description: Strong investment opportunity at 10233 Blue Lick Rd, Louisville, KY 40229 (located off Blue Lick Rd & Hillcross Dr). Property Overview: 21 large townhome-style units 6 units: 3 bed / 1.5 bath 15 units: 2 bed / 1.5 bath. Current rent roll: $24,461/month (2 vacancies) $27,063/month once fully occupied; up to $29,721/month potential. 22,812 total sq ft Built approximately 23 years ago. New dimensional shingle roofs (Aug/Sept 2023) on all three buildings Large onsite parking lot Utilities: Tenants pay LG & E , owner pays water/sewer and trash. Laundry in each unit This property presents a strong value-add opportunity through lease-up, along with a potential condo conversion exit stra

Location

Address

10233 Blue Lick Rd, Louisville, KY, 40229

City

Louisville

Features and Finishes

Year Built: 2003; [object Object]; [object Object]; [object Object]

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