3012 Mid Dale Lane, Louisville, KY 40220

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Brian P.

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Building Details:

3012 Mid Dale Lane is amulti-family property for lease 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.

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