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1225 S 6th St
Louisville, KY 40203 Old Louisville

$1,500,000 USD

Apartments For Sale • 7,167 SF

Property Details

Property Type Apartments
Total Building Size 7,167 SF
Lot Size 0.14 AC
Building Class C
Year Built 1900
Cap Rate 7.87 %
Zoning TNZD-TRADI

41 Transit Score

80 Walk Score

                
                    Highlights
                
                                Reliable occupancy (currently zero vacancy) and strong cash flow
                            
                                Professionally redesigned units
                            
                                High-demand premium furnished rentals (five converted with upside potential of remaining 11)

Property Flyers

The Flats on Sixth Investment Overview

Financial Summary (Actual)

Net Operating Income: $137,795 USD (2024)

Cap Rate:	7.87 %
Total Expenses:	$49,528 USD

Amenities

Air Conditioning
Laundry Facilities
Furnished Units Available
Wi-Fi
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Bicycle Storage
Car Charging Station
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Louisville Muhammad Ali International	15 min	-	6.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	19
Type:	Surface
Included in Rent:	Yes

Michael Downey 513-405-0251 The Flats on Sixth, LLC

1225 S 6th St Louisville, KY 40203 Old Louisville