Bardstown Multifamily Opportunity

Multi-Family for Sale
Catylist Listing ID: 30441010
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 15,030 SF
Gross Building Area: See Agent
Sale Price: $597,500
Unit Price: $49,791.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/31/2019

Overview / Comments

This 12 unit multifamily opportunity is located in Bardstown, Kentucky. The 2004 construction property is nestled among a cluster of single family homes, and is near commercial uses and blue-collar employers. It contains a mixture of 2, 3 and 4 bedroom units that are separately metered for gas and electric. On-site garages are rented to individual tenants for ancillary income. This opportunity enjoys strong occupancy and has undergone various updates over the past several years. Upgrades include some renovated units, new decks, roof upgrades and several new HVAC systems.

Additional Details

Nearest MSA: Bardstown
County: Nelson
Tax ID/APN: 54S00-04-028
Zoning: M

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,012 15,026 19,029
Median Age: 34.88 35.56 35.61
Households: 2,000 6,046 7,538
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.