3822 Oboe Dr, Louisville, KY 40216

Commercial property for lease

  • Description
  • Quality multifamily investment opportunity in Louisville near Cane Run Road corridor. This property features two well maintained brick 6 unit apartment buildings facing each other with a relaxing court yard central to both structures. This property has been improved in many facets and is now experiencing stabilization.Asset Improvements Include:-New Boiler as of 2018-All new windows as of 2017-Several new HVACs-Roof 2013-Gutter Guards brand new-Nearly all units have been completely renovated with new flooring, paint, some appliances, and fixturesLocation Highlights & Upside-This location is experiencing a tremendous amount of reinvestment and in particular related to the Richmont Terrace Revitalization and Cane Run Road Revitalization plan initiated by Louisville Metro as a part of the Cornerstone 2020. -This section of Cane Run Road serves vital link providing greater regional access to I-264 to the northwest and Greenbelt Highway, southwest of this location.Investment Highlights-Separately Metered Units (tenant paid gas & electric)-Off Street Parking-Quality Brick Structures-Upside in NOI through immediately available rent increases and expense management-Central Air & Heat-Revenue upside in coin laundry which is currently being explored by ownersContact the listing broker for more information on this listing or to inquire about property tours. Building price details: $495,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 14
    Parking Type: Surface
  • Contact info
  • Tyler R Chesser
    The Chesser Companies
  • Note
  • Details Info about this row that located on 3822 Oboe Dr, Louisville, KY 40216 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Building Name: Four Oaks Apartments
    Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.450 Acres
    Number of Stories: 2
    Year Built: 1972
    Year Renovated: 2017
    Submarket: Mid-Rise
    MSA: Louisville/Jefferson County
    Zoning: R-7 - Residential Multi-Family District
    Buildings: 2
    Broadband Internet: Cable
    Construction: Wood Frame
    Terms: Cash to Seller
    Added: 06/24/2019

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