24 Individually Deeded Condos – Rare Trophy Asset Investment
Outstanding opportunity to acquire a unique 24-unit, individually deeded condominium property with long-term ownership and self-management history and strong potential for rental income growth.
Unit Mix:
• 14 one-bedroom, one-bath units (~900 sq. ft.)
• 10 two-bedroom, one-bath units (~1,200 sq. ft.)
• Hardwood and tile flooring with generous closet space
Property Features:
• Individually metered—tenants responsible for all utilities
• Double-pane windows, central heating & air
• Secure gated community with landscaped courtyard and full brick perimeter wall
• Upper-level condos include two balconies; lower-level condos feature private patios
• Dedicated off-street parking
Prime Location:
Directly across from Manuel High School, just two blocks from UofL Cardinal Towne, minutes from Churchill Downs and Downtown Louisville, with seamless access to I-65.
This is a true “one of a kind” trophy asset in a highly desirable area. Contact the listing agent for further details.
• Roof ~ 12 years
• Double pane windows
• 24 Separate water heaters
• 24 Separate furnaces & AC units
• Laundry hookups in each unit
• Water bill prorated back to tenants $25/month
• Self-managed property
• Tenants pay electric/gas
• Condo types: (14 - 1 bed, 10 – 2 bed)