1225 S 6th St - Apartments FOR SALE


Louisville, KY 40203- Old Louisville
$1,500,000 USD
513-405-0251
1225 S 6th St, Louisville, KY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/22
null | 7.87% Cap Rate

1225 S 6th St
Louisville, KY 40203
Old Louisville


HIGHLIGHTS

  • Reliable occupancy and strong cash flow
  • Professionally redesigned units
  • High-demand premium furnished rentals (five converted with upside potential of remaining 11)

OVERVIEW

Turnkey, cash-flowing acquisition opportunity with steady 95% occupancy. -11 traditional leases commanding market rates -premium income of 5 furnished mid-term rentals in a revenue-accelerating hybrid model with upside potential Direct inquiries welcome. Brokers protected.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

16

PRICE/UNIT

$93,750

CAP RATE

7.87%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Flats on Sixth

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

TNZD-TRADI

APN/PARCEL ID

032A00110000

ASK ABOUT THIS PROPERTY

Michael DowneyThe Flats on Sixth, LLCMore Info
513-405-0251

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Michael DowneyThe Flats on Sixth, LLCMore Info
513-405-0251

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