3710 Noblitt Dr Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40218
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,716 sqft
Price per Sqft $88
MLS Listing ID 1696330
Style Other
HOA Y/N No
Abv Grd Liv Area 10,716
Year Built 1969
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 10716
Property Description
This 12 unit apartment opportunity is located in Hikes Point, one of Louisville's most stable, infill submarkets. It consists of two buildings with 2 bedroom and 1 bath units.
Property is separately metered for LG&E with tenants paying for this cost. The owner has steadily increased rents, and further upside remains for many units. Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities.
The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth.
Location
State KY
County Jefferson
Direction Hikes Lane to Street
Interior
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description See Remarks
Sewer Public Sewer
Water Other
Architectural Style Other
Structure Type Brick