1500 S 2nd St, Louisville, KY 40208

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Building Details:

• Year Built: 1996

18 Unit Apartment building in the heart of Old Louisville located at the corner of 2nd Street and Hill Street. Short walking distance to U of L, shopping, restaurants, etc. Property was built in 1996. Units vary in size but most are loft style. Lots of potential in turning this property into 100% student housing. Property was classified as a LIHTC property and is still under extended use restrictions (talk to agent for more details). Great opportunity to assume non recourse debt on the property with a Fannie Mae loan in place subject to lender approval of buyer.