243 Boardwalk Ave, Shepherdsville, KY 40165

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Connie A.

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Building Details:

• Year Built: 1999

243 Boardwalk Ave is amulti-family property for lease in Shepherdsville, KY.

Currently 82 unit apartment complex comprised of the following: 2-1BD/2BA 13-2BD/2BA 40-3BD/2BA. 21-4BD2BA 5-3BD/2BA townhouses 1-4BD/2BA townhouse. Average 1129 sqft per unit. Each unit is separately metered with individual furnaces, AC, hot water heaters and washer/dryer hookups. Consistent demand, desirable location and overall appeal of development has contributed to 96-99 % occupancy rates and planned expansion to utilize existing capacity of proposed 32 additional units on this parcel. Convenient to I-65 (2 miles) and local growing industrial job market. All units with average/good condition and amenities. Minimal deferred maintenance. Effective age per 2014 appraisal 10 years. Stable one owner will provide full disclosure and financials. Assumption of low interest first mortgage a requirement for sale.

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