1805 Dixie Hwy
Louisville, KY 40210 Algonquin

$982,900 USD

Apartments For Sale • 2,972 SF

Property Details

Property Type Apartments
Total Building Size 2,972 SF
Lot Size 13.53 AC
Building Class C
Year Built 1900

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                10-unit stabilized portfolio across multiple Louisville locations
                            
                                Attractive 9.13% cap rate on in-place income
                            
                                NOI of $89,778 with balanced operating profile
                            
                                $98k per unit entry point
                            
                                Section 8 and market tenants provide income stability
                            
                                Diverse 2–4 bedroom unit mix in established neighborhoods