3012 Mid Dale Ln, Louisville, KY 40220

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Building Details:

3012 Mid Dale Ln is located in Louisville, KY.

This apartment property is located at 3012 Mid Dale Lane in Louisville, KY. This presents the opportunity for an investor to purchase a stabilized property with an excellent track record of occupancy. The 6 unit building is located in the Hikes Point area of Louisville. The building contains all 2 bedroom, 1 bathroom apartments. The units contain washer-hookups. It is separately metered for gas and electric utilities.

The property is located on a street that contains a great deal of mature, single-family residential. It also backs up to an elementary school. The
Hikes Point area of Louisville is a stable and high demand area for rental housing. This presents the opportunity for a seasoned investor to add to their existing portfolio, or for a first time investor to diversify into investment real estate ownership.

DEAL HIGHLIGHTS

-Spacious 2 BR/2 BA apartments; Stable property with historically strong occupancy.

-Separate gas and electric meters limits landlord utility exposure; Units contain washer/dryer hookups for tenant use.

-Stable, mature area with historically high demand; Located adjacent to mature single family; Abuts elementary school.

-Take advantage of excellent market fundamentals and historically low interest rates to enjoy solid long term yield.