101 Longview Dr - Apartments FOR SALE


Russellville, KY 42276
$3,350,000 USD
270-320-8474
101 Longview Dr, Russellville, KY for Sale
$3,350,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

101 Longview Dr
Russellville, KY 42276


HIGHLIGHTS

  • Fully occupied 52-unit complex generating strong annual income
  • Convenient setting near US-68/80 and North Main Street activity.
  • Solid unit mix appealing to a wide range of renters.
  • Well-maintained property with stable historic performance.
  • Strong investment metrics aligned with the 1% rule.

OVERVIEW

This fully occupied 52-unit apartment complex in Russellville, Kentucky presents an appealing investment opportunity supported by consistent cash flow and strong regional rental demand. Positioned just off US-68/80, the property benefits from excellent accessibility, contributing to ongoing tenant stability and operational ease. The unit mix of one- and two-bedroom apartments appeals to a broad renter base, while the property’s well-maintained condition and reliable income stream enhance its long-term investment profile. With gross annual income reported at $406,200 and full occupancy, this asset offers investors both immediate returns and future upside within a growing regional market.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

52

PRICE/UNIT

$64,423

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C

APN/PARCEL ID

068-11-00-062-00

ASK ABOUT THIS PROPERTY

Wes DurrantKeller Williams First Choice RMore Info
270-320-8474

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Wes DurrantKeller Williams First Choice RMore Info
270-320-8474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.