2101 Cardinal Woods Dr, Louisville, KY 40214

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Building Details:

2101 Cardinal Woods Dr is located in Louisville, KY.

-Exceptional Multifamily Investment Offering.
-Fully rebuilt and renovated, functionally new building and units with elegant, quality finishes, fixtures and improvements.
-New roof, drywall, plumbing and heating, ventilation and air-conditioning systems, granite countertops, and washer/dryer hookups.
-49 well appointed units (42 2BR and 7 1BR
-Beautiful courtyard and walking trail amenities. Ideally located near Iroquois Park, minutes from downtown, UofL, Airport, KY Fair & Exposition Center, Churchill Downs, and many major employers
-*Very Special Bank Financing Available allowing projected 22.3% leveraged cash on cash return. *subject to approval
-Condominium regime in place.
-Gross Annual Scheduled Revenue: $394,296
-Net Operating Income: $231,135: estimate at stabilization with vacancy allowance
-Asking Price: $2,950,000