Building Details:
2734 Frankfort Ave is located in Louisville, KY.
Enjoy excellent cash flow, upside in rental revenue, appreciation and pride of ownership with this trophy apartment property. Crescent Terrace Apartments is in one the most high quality locations in the City in the heart of Crescent Hill's historic Frankfort Avenue. This outstanding and rare offering consists of 36 one bedroom units. The property is well maintained with many recent updates, including revovated units and new individual electric furnaces and ac system. Separate electric meters means the tenants pay for their own heat and air. This proerty also includes two solid commercial leases in place with Porcini restaurant for certain portions of the property (party room and patio seating). Immediate upward mobility in rents. Laundry facility on site. Expect quality tenants with high demand in this solid apartment rental location. This long term owner is dissolving their partnership, so this rare offering will not last long! Call today for more information or to schedule a showing.
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- Jim Baker, agent and Rofo Pro