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Laura Rice
Lenihan Sotheby's International Realty
Lenihan Sotheby's International Realty home

4117 Pinecroft
4117 Pinecroft Louisville, Kentucky 40219 United States

$895,000
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This offering includes 4115 and 4117 Pinecroft Dr., 12 units each, for a total price of $1,790,000, or may possibly be sold separately. The asset has been well-maintained, with new roofs and unit upgrades.The 24 units are all 1BR/1BA, and have...
Apartments
Property type
1592643
Web Id
1592643
MLS ID
Jefferson County
School District
81
days ago

About 4117 Pinecroft

This offering includes 4115 and 4117 Pinecroft Dr., 12 units each, for a total price of $1,790,000, or may possibly be sold separately. The asset has been well-maintained, with new roofs and unit upgrades.The 24 units are all 1BR/1BA, and have enjoyed consistent occupancy and revenues, with low turnover or maintenance expense. One of the tenants works as the property manager, and ensures that the property is well-maintained, and inhabited with timely-paying tenants. Highlights include:> 24 1BR/1BA units> Stabilized property with efficient operation in place> Separately metered for LGE (LL pays some LGE, see rent roll)> Close proximity to I-65 and new industrial developments> Ample off street parking> Opportunity to increase rents as longer term tenants vacate

Listing Courtesy of PRG Commercial Property Advisors

Property Information

Parking Description
0.0

Exterior

Construction
Brick
Exterior Features
Balcony
Roofing
Shingle

Additional Information

Number of Units
12.0000
Listing Courtesy of PRG Commercial Property Advisors
Laura Rice
  • Real Estate Professional
3803 Brownsboro Road
Louisville, Kentucky 40207 United States
Listing Courtesy of PRG Commercial Property Advisors
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