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

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!

More Information MLS# 1644222

General Listing Information

HOA Y/N: No HOA Annual $: 0 Status: Closed Listing Date: 2023-08-28 Listing Price: 4950000 Property Sub Type: Apartment

Contract Info

Disclosure: No Original List Price: 4950000

Location

Sub Area: A Deed Bk: 7643 Parcel ID: 100903510000 Pg #: 0722 Block: 0 Lot: 0 Directions: Take I-264 to exit 8B, go left on Farnsley, Heatherhouse Apartments are on the left - Buildings 1900-1908 Street #: 1900-1908 Street: Farnsley St Suffix: Rd Area: 01-Dtwn Old Louisville/Shively/West Lou County: Jefferson State/Province: KY Zip Code: 40216 Subdivision/Condo: NONE Geo Lat: 38.201354 Geo Lon: -85.811429

Property Description

SqFt -Total Finished: 42282 Above Grade Finished: 42282 Below Grade Finished: 0 Nonconform SqFt Fin: 0 Above Grade Unfin: 0 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 Size Dimensions: 0 Security Deposit: 0 Age: 56 # Parking Spaces: 100 Covered Parking: No Term/Lease: 0 # of Furnaces: 62 # of Water Heaters: 62 Separate Meters: Yes Sold As-Is: Yes M Struct Flood Plain: No Lot SF: 79171 Year Built: 1967

Status Change Info

Status: Closed Contract Acceptance Date: 2024-05-07 Sold Date: 2024-05-23 Sold Price: $4,400,000

Architectural Style

Traditional: 1

Utilities

Electricity Connected: 1 Other: 1

Water Source

Public: 1

To Show

Lockbox: 1

Construction

Brick: 1 Vinyl Siding: 1

Roof

Shingle: 1

Owner Pays

Electricity: 1 Sewer: 1 Trash Collection: 1 Water: 1

Tenant Pays

Electricity: 1 See Remarks: 1

Heating

Other: 1

Cooling

Central Air: 1

Project Facilities

Laundry Facility: 1

Exterior

None: 1

None

Current Price: $4,400,000

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
Last Updated: November - 26 - 2024
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