502-439-2826
4 College Ct, Louisville, KY for Sale
Apartments - FOR SALE
1/31
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4 College Ct
Louisville, KY 40203
Limerick


HIGHLIGHTS

  • College Court presents an assemblage of 46 condo units, the majority of which are occupied and offer 1-3 bedroom layouts.
  • Upside via the assemblage of units, allowing full control of the HOA, and the green space allows for future development of additional units.
  • In an Opportunity Zone and adjacent to the Old Louisville and Limerick neighborhoods, 2 minutes to downtown and 6 minutes to the bridge to Indiana.
  • The property is low-cost to run as the buildings are constructed from durable concrete, with non-conventional HVAC system requiring little maintenance
  • Buyer has the opportunity to keep as-is and raise rents via fair market guidelines or to spin off as individual condo sales.
  • Property tours are available by appointment only. Please contact the broker to schedule.

FOR SALE DETAILS

PRICE

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# OF UNITS

46

CAP RATE

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% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily Condo Units Between Two Campuses

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

180

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,671 SF

ZONING

R-7

APN/PARCEL ID

029E01080000

ASK ABOUT THIS PROPERTY

Neil BlumbergMetro 1 RealtyMore Info
502-439-2826

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Neil BlumbergMetro 1 RealtyMore Info
502-439-2826

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