1829 Brownsboro Rd - Apartments FOR SALE


Louisville, KY 40206- Clifton Heights
$995,000 USD
502-777-4724
1829 Brownsboro Rd, Louisville, KY for Sale
$995,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1829 Brownsboro Rd
Louisville, KY 40206
Clifton Heights


HIGHLIGHTS

  • Two fully renovated and furnished Airbnb's offering immediate income. Land zoned and approved for an additional 5, 2-bdr units.

OVERVIEW

Prime multi-family development site on lower Brownsboro. The site is zoned for commercial use and has been approved for up to 5, 2BR rental units and contains 2 fully renovated, brick shotguns that are active Airbnb's and will provide immediate cash flow to the buyer. The Airbnb units known as The Twins "The Twins" are two meticulously renovated Airbnb units, fully updated in 2023 with new roofs, HVAC, and MEPs. These stunning homes can host up to 12 guests across four spacious bedrooms and two sleeper sofas. Bathed in natural light, the interiors exude a cheerful, bright ambiance that guests adore. They share a spacious brick patio with seating and firepit, and the back yard has a privacy fence. Situated in a prime location, the well-maintained rentals consistently attract guests, while the spacious commercial land presents endless possibilities for future development. Whether you're an entrepreneur seeking to grow your hospitality portfolio or an investor looking for a diverse asset, this property combines steady cash flow with long-term growth potential. Don't miss this chance to own a slice of the booming short-term rental market and a versatile commercial plot in one attractive package. The Airbnb units know as The Twins "The Twins" are two meticulously renovated Airbnb units, fully updated in 2023 with new roofs, HVAC, and MEPs. These stunning homes can host up to 12 guests across four spacious bedrooms and two sleeper sofas. Bathed in natural light, the interiors exude a cheerful, bright ambiance that guests adore. They share a spacious brick patio with seating and firepit, and the back yard has a privacy fence. There is both off-street parking behind the homes and free on-street parking. The historic neighborhood location offers quick access to the Downtown Bourbon Trail, NuLu, Riverfront Park and is within walking distance to multiple restaurants and bars.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$415 USD /SF

# OF UNITS

2

PRICE/UNIT

$497,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Twins

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,407 SF

ZONING

C-1

APN/PARCEL ID

088A00270000

ASK ABOUT THIS PROPERTY

Doug OwenJLLMore Info
502-777-4724

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Doug OwenJLLMore Info
502-777-4724

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