1900-1908 Farnsley Rd, Louisville, KY 40216

$4,400,000
Property Type: Multi Family Square Footage: 42,282 Lot Size (sq. ft.): 79,171 Status: Closed
Current Price: $4,400,000 List Date: 10/30/2023 Last Modified: 11/26/2024

Overview

Description

First time offered and rare opportunity to own a 5 building apartment complex that is in a convenient location. Quality construction and a complete campus with this 62 Unit apartment complex. 34 One Bedroom One Bath 540 sf 16 Two Bedroom One bath 820 sf 12 Two Bedroom One bath 923 sf Each building has a laundry area in the basement for tenants. Stove and refrigerator provided in each unit. 100 parking spaces, green space and sidewalks along Farnsley. Tenants pay for personal electric (separate meters). Landlord pays for common area electric, water and trash. All tenants are long term tenants and most on month to month leases. This unique property has lots of options!

Listing Details MLS# 1644222

General Listing Information

Listing Price
4950000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
1900-1908
Street
Farnsley
St Suffix
Rd
Area
01-Dtwn Old Louisville/Shively/West Lou
Sub Area
A
County
Jefferson
State/Province
KY
Zip Code
40216
Deed Bk
7643
Parcel ID
100903510000
Pg #
0722
Subdivision/Condo
NONE
Directions
Take I-264 to exit 8B, go left on Farnsley, Heatherhouse Apartments are on the left - Buildings 1900-1908
Block
No
Lot
No

Contract Info

Original List Price
4950000
Disclosure
No

Property Description

SqFt -Total Finished
42282
Above Grade Finished
42282
Below Grade Unfin
5916
Sqft - Total Unfin
5916
SqFt - Source
Other
First Floor Laundry
No
Garage Y/N
No
Basement Y/N
Yes
Total Units
62
Lot SF
79171
Age
56
Year Built
1967
# Parking Spaces
100
Covered Parking
No
# of Furnaces
62
# of Water Heaters
62
Separate Meters
Yes
Sold As-Is
Yes
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Lot Size Dimensions
No
Security Deposit
No
Term/Lease
No

Status Change Info

Contract Acceptance Date
2024-05-07
Sold Date
2024-05-23

More Information

Architectural Style

Traditional
Yes

Utilities

Electricity Connected
Yes
Other
Yes

Water Source

Public
Yes

To Show

Lockbox
Yes

Construction

Brick
Yes
Vinyl Siding
Yes

Roof

Shingle
Yes

Owner Pays

Electricity
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Tenant Pays

Electricity
Yes
See Remarks
Yes

Heating

Other
Yes

Cooling

Central Air
Yes

Project Facilities

Laundry Facility
Yes

Exterior

None
Yes

Property Features

Architectural Style: Traditional Construction: Brick; Vinyl Siding Roof: Shingle Owner Pays: Electricity; Sewer; Trash Collection; Water Tenant Pays: Electricity; See Remarks Project Facilities: Laundry Facility Exterior: None Utilities: Electricity Connected; Other Water Source: Public Heating: Other Cooling: Central Air To Show: Lockbox
Listing Office: Coldwell Banker Larry Rogers
Source MLS Verified
Last Updated: November - 26 - 2024
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than the site owner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
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