4411 S 2nd St, Louisville, KY 40214

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Building Details:

4411 S 2nd St is located in Louisville, KY.

PRG Investments has been retained as the exclusive listing agent for this multi-family investment opportunity in Louisville, KY. The property is located off of South 2nd street in a high demand area of South Louisville. The building enjoys professional management and contains attached garages for the tenants. This asset is separately metered for gas and electric, which limits the utility exposure for a landlord. The property is located in a high demand area for multi-family housing. It enjoys a large amount of green space and excellent exposure on the Watterson Expressway, which presents an ideal opportunity for signage and easy rental advertisement.

QUICK FACTS
-Addresses (all properties adjacent to each other): 4411-13 S. 2nd Street and 115 W Adair Street
-Unit Mix: 14 2BR/1BA units
-Separately metered for gas and electric
-Asking Price: $420,000 / $30,000 per unit

INVESTMENT HIGHLIGHTS
-Located in a high demand area with excellent expressway exposure
-Separately metered for gas and electric reduces utility exposure
-Professional management in place; large amount of green space
-Louisville market enjoys excellent multi-family fundamentals; low interest rate environment drives opportunity for excellent yield