Kentucky Multi-Family For Sale

Home in the heart of the highlands for sale.​ The property includes 3 updated units.​ Family and guests love the location because it is a short walk to many local restaurants and shops.​ This home has been immaculately cared for and is in pristine condition.​ Updated mechanicals.​ Move in ready.​ Contact us today for a private tour - come check it out! Home in the heart of the highlands for sale.​ The property includes 3 updated units.​ Family and guests love the location because it is a short walk to many local restaurants and shops.​ This home has been immaculately cared for and is in pristine condition.​ Updated mechanicals.​ Move in ready.​ Contact us today for a private tour - come check it out!

Louisville is the largest city in the state of Kentucky and it sits on the Ohio River, to the northeast of the state along the Indiana border. Louisville was founded in 1778, making it one of the oldest cities west of the Appalachians. The Louisville-Jefferson County, KY-IN Metropolitan Statistical Area (MSA) includes Louisville-Jefferson County and 12 surrounding counties, seven in Kentucky and five in Southern Indiana. As of 2019, the MSA had a population of 1,265,108, ranking 46th nationally. The early Louisville settlement was developed as a shipping port. Louisville was the founding city of the Louisville and Nashville Railroad, which grew into a 6,000-mile (9,700 km) system across 13 states. Louisville became a center for factory war production through World War II but experienced a shift of business moving to the suburbs in the 1960s and 1970s. Since the late 1990s, the inner city has seen a boom in residential, tourism, and retail growth, including the addition of major sports complexes like KFC Yum! Center, Lynn Family Stadium, and Louisville Slugger Field Louisville is known for its dynamic economy that has modernized over time. However, the shipping and cargo sectors are still the most prominent. Its strategic location at the “Falls of the Ohio”, as well as its unique position in the central U.S. makes it a practical location for the transfer of cargo along its route to other destinations. The Louisville and Portland Canal and the Louisville and Nashville Railroad were important links in water and rail transportation. The city plays a large part in the national shipping industry with the presence of the Worldport global air-freight hub for UPS at Louisville International Airport. Louisville's location at the crossroads of three major interstate highways (I‑64, I‑65, and I‑71) also contributes to its modern-day strategic importance to the shipping and cargo industry. In addition, the Port of Louisville continues Louisville's river shipping presence at Jefferson Riverport International. As of 2003, Louisville ranks as the seventh-largest inland port in the United States. Louisville is a significant center of manufacturing, with two major Ford Motor Company plants, and the headquarters and major home appliance factory of GE Appliances (a subsidiary of Haier). The city is also a major center of the American whiskey industry, with about one-third of all bourbon whiskey coming from Louisville. Brown-Forman, one of the major makers of American whiskey, is headquartered in Louisville and operates a distillery in the Louisville suburb of Shively. Louisville is home to many annual cultural events, including the Kentucky Derby, preceded by a two-week-long Kentucky Derby Festival. The city touts a large assortment of smaller, unique, independent businesses and restaurants. It also features a strong sports culture. SVN Menish is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of 24 scattered multi-family properties containing 308 units and 2 finished lots in Louisville, KY. This portfolio is a great opportunity for an investor to scale immediately in a growing tertiary market. The portfolio is nearly 100% leased and the majority of the tenants are Section 8, providing the investor with guaranteed rental income. With an average dwelling size of 951 square feet, the homes were constructed between 1875 and 2000. The seller purchased the properties over a period of a decade beginning in the mid-2000s. The properties were renovated when acquired and included significant capital to get them tenant-ready. The portfolio is professionally managed by a third-party provider who has reported that they would remain in place for a transitional period after the sale. There is little deferred maintenance required because the seller has meticulously maintained the portfolio.

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. SVN Stone Commercial Real Estate is excited to bring to market 6 condos in Bluegrass Commons, a perfectly placed University of Kentucky investment property. Walkable to downtown, campus, major sporting events, and convenient nightlife, the property has never had a vacancy. Historically, the property has attracted long time grad students looking for convenience and parking. Nearby new student housing leaves plenty of market upside for increasing rents. In a market with high barrier to entry for investment property, falling cap rates, and unique financing opportunities, get started on or add to your portfolio today. For more information contact Justin Ryder, CCIM at 859.306.0617 // justin.ryder@svn.com or Harrison Lane at 859.436.2835 // harrison.lane@svn.com.

From US 42, turn North on Lime Kiln, then left on Springhouse Farm Lane Exceptional buying opportunity in the exclusive and desirable Glenview Springs Neighborhood off of Lime Kiln Road. This luxury home with a walk-out basement has 6 bedrooms, 5 1/2 baths and a large deck for outdoor dining and entertaining. The basement is extra cozy with a movie room, game room, gym, guest-room and full bathroom. All 3 of the upstairs bedrooms have their own, private, full bathrooms. 3-4 car garage. The corner lot is almost 3/4 of an acre with a great view from the deck. This neighborhood is gorgeous and the neighbors are extremely friendly. Custom built in 2014, with the finished basement added in 2018, this home is move-in ready and ready for you to call your own. A recent appraisal shows the value of the home is $1,325,000 but we are asking much less at $1,250,000. Owners are recent empty-nesters and are downsizing.

Located in Covington, Kentucky Triple Net (NNN) multi-family building available for purchase in Covington, Kentucky. Currently occupied under a 5-year master lease, the tenant is responsible for all property taxes, insurance, utilities, and maintenance. Building includes a large common area living room and kitchen on the main floor along with a 1 bed/1 bath and one studio apartment. In addition there are two 1 bed/1 bath apartments and one 2 bed/1 bath apartment on the second floor. Total of 5 apartments.

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. SVN Stone Commercial Real Estate is pleased to present this 4-unit multi-family investment opportunity in the bustling Richmond Road corridor of Lexington, Ky, just minutes away ample grocery shopping, restaurants, downtown Lexington, and more. This meticulously cared for quad was fully renovated in '14 by owner, who added new laminate flooring and replaced all windows. In an area where population growth is outpacing housing supply - this is your opportunity to purchase a multi-family asset that is going to grow with the Bluegrass!

Proximity to Hwy 645, Retail, Grocery, and Restaurants Great TURN-KEY 44 Unit Apartment opportunity nestled in Inez, KY. Over 75% Occupancy rate and stable cash flow. 7 Buildings, 36,000+ Sq. Ft, 88 Parking spaces with office, clubhouse and laundry facilities. (12) - 1 bedroom (28) - 2 bedroom (4) - 3 bedroom

Lee Pointe offers investors the unique opportunity to own an excellent piece of real estate in one of the healthiest an most attractive rental submarkets in Kentucky. Lee Pionte is a well maintained 71 unit property less than 5 minutes away from Western Kentucky University. Constructed in 2007, Lee Pointe consistently stays rented offering investors a stable cash flowing asset in a growing market. All units are 3 bedroom, 2.5 bath with washer/dryer hook-ups. The units offer a spacious living room, dining room, patio, washer/dryer hookups, private entrance, dishwasher, oven/range, and refrigerator. Units are separately metered and tenants pay all utilities. The property is pet restricted.

KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.

Mixed Use Apartments over Retail All 2 Bedrooms w/ Balconies Below Market Rents Low Turnover Emerging Submarket Postal Service is Anchor Tenant Partnership Dissolution

Great Unit Mix Seller Financing Available Under Managed Property Absentee Ownership Great Value-Add Opportunity Utility Bill Back Improve on Collections Upgrade Tenant Base Individual Forced Air Heating & Cooling Recently Renovated Hardwood Laminate Floors Updated Kitchens Updated Baths

Investment opportunity! Four well maintained townhomes in Hamburg area- Live in one, Rent the others! Spacious & luxurious brick townhomes, each 1,981 Sq/FT!Each townhome offers 3 oversized bedrooms, 2 full baths, 1st floor master, large kitchen w/ all appliances, smooth top range, vaulted & tray ceilings, separate laundry room, fireplace, ceramic tile, walk-in closets, two covered parking space for each unit & fenced-in courtyard! Investment opportunity! Four well maintained townhomes in on Polo Club near Hamburg Pavillion. Spacious & luxurious brick townhomes, each 1,981 s/f. Each townhome offers 3 oversized bedrooms, 2 full baths, 1st floor master, large kitchen w/ all appliances, smooth top range, vaulted & tray ceilings, separate laundry room, fireplace, ceramic tile, walk-in closets, two covered parking space for each unit & fenced-in courtyard!

Louisville is the largest city in the state of Kentucky and it sits on the Ohio River, to the northeast of the state along the Indiana border. Louisville was founded in 1778, making it one of the oldest cities west of the Appalachians. The Louisville-Jefferson County, KY-IN Metropolitan Statistical Area (MSA) includes Louisville-Jefferson County and 12 surrounding counties, seven in Kentucky and five in Southern Indiana. As of 2019, the MSA had a population of 1,265,108, ranking 46th nationally. The early Louisville settlement was developed as a shipping port. Louisville was the founding city of the Louisville and Nashville Railroad, which grew into a 6,000-mile (9,700 km) system across 13 states. Louisville became a center for factory war production through World War II but experienced a shift of business moving to the suburbs in the 1960s and 1970s. Since the late 1990s, the inner city has seen a boom in residential, tourism, and retail growth, including the addition of major sports complexes like KFC Yum! Center, Lynn Family Stadium, and Louisville Slugger Field Louisville is known for its dynamic economy that has modernized over time. However, the shipping and cargo sectors are still the most prominent. Its strategic location at the “Falls of the Ohio”, as well as its unique position in the central U.S. makes it a practical location for the transfer of cargo along its route to other destinations. The Louisville and Portland Canal and the Louisville and Nashville Railroad were important links in water and rail transportation. The city plays a large part in the national shipping industry with the presence of the Worldport global air-freight hub for UPS at Louisville International Airport. Louisville’s location at the crossroads of three major interstate highways (I-64, I-65, and I-71) also contributes to its modern-day strategic importance to the shipping and cargo industry. In addition, the Port of Louisville continues Louisville’s river shipping presence at Jefferson Riverport International. As of 2003, Louisville ranks as the seventh-largest inland port in the United States. Louisville is a significant center of manufacturing, with two major Ford Motor Company plants, and the headquarters and major home appliance factory of GE Appliances (a subsidiary of Haier). The city is also a major center of the American whiskey industry, with about one-third of all bourbon whiskey coming from Louisville. Brown-Forman, one of the major makers of American whiskey, is headquartered in Louisville and operates a distillery in the Louisville suburb of Shively. Louisville is home to many annual cultural events, including the Kentucky Derby, preceded by a two week-long Kentucky Derby Festival. The city touts a large assortment of smaller, unique, independent businesses and restaurants. It also features a strong sports culture. SVN Menish Commercial Real Estate and Think Real Estate are proud to offer to qualified investors the opportunity to purchase a portfolio of 19 Single Family Rental Homes in Louisville, Kentucky. This portfolio offers a significant value-add opportunity for an investor while also offering the opportunity for an investor the opportunity to quickly increase their own SFR portfolio or begin growing their portfolio in this growing market. The homes were built between 1946 and 2003. The portfolio is 99% leased currently, with only one vacant property. Here are the property addresses: 1014 Oleanda Ave. (40215) 13318 Bessels Blvd. (40272) 1424 Lillian Ave. (40208) 1725 Bachmann Dr. (40216) 1728 Bachman Dr. (40216) 1770 Willart Dr. (40210) 1801 Fust Ave. (40216) 1815 Fust Ave. (40216) 2107 Appleton Ln. (40216) 2121 W. Burnett Ave. (40210) 2407 Elmore St. (40216) 3331 Kramers Ln. (40216) 5229 Rodgers Rd. (40258) 5414 Rayburn Rd. (40272) 6504 South Dr. (40272) 7705 Marie Anna Dr. (40258) 809 W Evelyn Ave (40215) 934 Palatka Rd. (40214)

Location is just down from the intersection of Weaver/Richardson road and US 25/ Dixie Highway. KW Commercial offer this 8 unit Inn for your consideration. Property consists of 8 units that have a history of being fully occupied. All units are rented on a week to week rental agreement and is managed tightly by Seller for a smooth running operation. This property produces an attractive income for the potential investor. Due to No current vacancies, potential buyers must schedule a minimum of 3 days in advance to allow for tenant notice to gain access to units.

Chestnut Street & S. 26th Street This value add investment opportunity at 2601 W. Chestnut Street will sell to the highest bidder above $145,000 at our online auction which runs form April 13th - April 15th, 2021. Visit svnAuctions.bidwrangler.com to register. Property is approved for 4 units but with proper zoning it could be approved for 11+units. Property located in the Enterprise Zone Two open house dates are available. The first will be held on Thursday, April 1st from noon till 1pm and the second will be on Sunday, April 4th from 1pm till 2 pm. Call Bill Menish with any questions at (502) 939-0399 or email to bill.menish@svn.com. Again, this property is currently zoned for four apartments, but with improved zoning there could be there are eight studio apartments, two one bedroom apartments, and one three bedroom and two bath apartment for a total of eleven apartments. (Below are notes from the owner about the potential rental income if the new buyer rezoned the property for more than 4 units. SVN Menish Commercial Real Estate does not warrant the following information.) The 8 studios could rent at $500 monthly and 2 one BR at $600 Monthly, a 3 BR 2 bath at $750 monthly. That is a potential $6,000 monthly before the 2nd and 3rd floor and Office rentals. If they are zoned for 4 more apartments and office, that will bring another $3,000.00 monthly bringing the total to $9000.00 monthly. The electricity for the entire building tends to be around $1200 monthly and the water around $900 monthly. Taxes are around $2000 a year.

Take 471 to 1892 towards Newport. Turn right onto Monmouth Street. This property is several blocks ahead on the left. KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.

Investment opportunity! Four well maintained townhomes in on Polo Club near Hamburg Pavillion. Spacious & luxurious brick townhomes, each 1,981 s/f. Each townhome offers 3 oversized bedrooms, 2 full baths, 1st floor master, large kitchen w/ all appliances, smooth top range, vaulted & tray ceilings, separate laundry room, fireplace, ceramic tile, walk-in closets, two covered parking space for each unit & fenced-in courtyard!

48 Units (Including Office) Tenant Paid Heat (Electric Baseboard) 30% Subsidized Housing (Above Market Rates) Equal Mix of One and Two Bedroom Units On-Site Laundry for Each Building