4519-4523 Broadleaf Dr - Apartments FOR SALE
Louisville, KY 40216 |
4519-4523 Broadleaf Dr
Louisville, KY 40216
HIGHLIGHTS
- An incoming investor can take advantage of the demand in the submarket and stabilize the property with a strategic marketing initiative
- Utility Transfer: Continue implementing a utility billback for water-sewer, and continue moving electric into tenants' name upon lease-up/renewal
- Loss-to-Lease Burn Off: $62/unit/month of loss to lease can be recaptured at lease renewals providing over $800k of value creation
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Broadleaf Arms
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
68358
STORIES
2
YEAR BUILT
1969
PARKING SPACES
34
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
139800010000,139800080000,139800120000,139800130000,139800140000,139800150000
