Trophy Apartment Properties
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$125,000 Per Unit
|Property Use Type:
||Four Oaks Apartments
||Cash to Seller
Overview / Comments
Four Oaks Apartments, an extraordinarily well located boutique apartment property located in the heart of Louisville's affluent St. Matthews submarket. Four Oaks is comprised of two very well-maintained buildings located at 4431 Shelbyville Road and 101 Sage Road. This rare offering presents an opportunity to acquire a very well-maintained apartment asset, family owned and operated since 1971. The AAA location, excellent frontage, unique and irreplaceable infill location provides the rare and favorable opportunity for further value creation through renovation upgrades or redevelopment, especially given the large footprint lot sizes.
Currently, this trophy property is comprised of 14 units, well mixed with 1's, 2's and 3 bedroom units, all separately metered, situated on over an acre in one of the most highly desirable locations in Louisville.
The rent roll and financials are available upon request.
||R-7 - Residential Multi-Family District
|Total Number of Buildings:
|Number of Stories:
||101 Sage Road :: 6 Carport Spaces and 12 Open Spaces
4431 Shelbyville Road :: 2 Carport Spaces and 10 Open Spaces
|Total Parking Spaces:
||Allows for redevelopment play of 34.8 units per acre
||Cumulative 212 feet to Shelbyville Road
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