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Tree Maddux

tree@musiccitylife.com +1(615) 945-8733

$ 5,990,000

Est. payment | -/mo

2 Beds

1 Bath

900 SqFt

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$ 5,990,000

Est. payment | -/mo

Save

2 Beds

1 Bath

900 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $6,655

MLS Listing ID RA20260882

Bedrooms 2

Full Baths 1

Year Built 1995

Lot Size 1.120 Acres

Property Sub-Type Multi-Family

Property Description

52-Unit Value-Add / Stabilized Multifamily Opportunity – Shepherdsville, KY Positioned in the direct growth path of Shepherdsville and just minutes from Exit 117 on Interstate 65, this 52-unit multifamily offering presents a rare opportunity to acquire a substantially renovated asset in one of Kentucky's fastest-growing logistics and industrial corridors. All 52 units are 2-bedroom, 1-bathroom floor plans constructed of durable brick exteriors across 12 buildings. Over the past three years, ownership has completed extensive renovations to 90%+ of the units, creating a highly attractive, low-deferred-maintenance investment. Interior upgrades include (but are not limited to): Renovated kitchens and bathrooms New cabinets, vanities, tubs, and sinks Updated appliances Replaced water heaters New and updated HVAC systems New flooring and paint Updated fixtures throughout In addition to interior improvements: Over half of the A/C units have been replaced within the last five years The parking lot was completely redone two years ago Roof replacements are currently underway on 8 of the 12 buildings This level of capital improvement significantly reduces near-term maintenance exposure while positioning the property for continued rent growth. Owner/ licensed agent in the state of KY

Location

State KY

County Bullitt

Area Bullitt County

Interior

Laundry In Apartment

Exterior

Exterior Feature Brick/Brick Veneer

Utilities Available Separate Metered

Roof Type Dimensional

Building

Foundation Crawl Space, Slab

Schools

Elementary Schools Shepherdsville

Middle Schools Bullitt County

High Schools Bullitt County

Others

Tax ID 045-000-00-010G

Listed by Crye-Leike Executive Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 945-8733

tree@musiccitylife.com

131 Saundersville Rd, Suite 130, Hendersonville, Tennessee 37075, USA

1055 N Buckman Street Shepherdsville, KY 40165

Tree Maddux

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1055 N Buckman Street