943 Central Avenue, Louisville, KY 40208

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Reed B W.

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Building Details:

943 Central Avenue is amulti-family property for lease in Louisville, KY.

PRG Commercial Property Advisors is pleased to present this 16 unit multifamily portfolio offering in Louisville, KY. The offering is comprised of 3 separate properties which can be purchased together or separately. All properties are located in a central location with close proximity to Churchill Downs, with some units located directly across from the racetrack’s front gate. The units are separately metered for gas and electric.

All properties have undergone significant renovation and enjoy historically high occupancy. They are located in high profile, high traffic locations that have very strong rental demand. This offering is ideal for a first time investor or an owner that is looking to add to an existing portfolio. It presents the opportunity to acquire a stabilized portfolio or individual property that will offer steady cash flow with the opportunity for strong leveraged yield with the historically low interest rate environment.

Property Info:

943 Central Avenue: Four 1 BR/1BA units- Asking Price $165,000
700 M Street/2802 Rodman: 8 efficiency units- Asking Price: $220,000
710 M Street: 4 efficiency units- Asking Price: $100,000

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