Louisville, KY 40219,3403, 3405 Prestwood Dr
Louisville, KY 40219,3403, 3405 Prestwood Dr
Louisville, KY 40219,3403, 3405 Prestwood Dr
Louisville, KY 40219,3403, 3405 Prestwood Dr
Louisville, KY 40219,3403, 3405 Prestwood Dr
Louisville, KY 40219,3403, 3405 Prestwood Dr
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$ 2,220,000
Est. payment | /mo

48 Beds

24 Baths

20,412 SqFt


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$ 2,220,000
Est. payment | /mo
Save

48 Beds

24 Baths

20,412 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 20,412 sqft

Price per Sqft $108

MLS Listing ID 1690993

Style Traditional

Bedrooms 48

HOA Y/N No

Abv Grd Liv Area 20,412

Year Built 1968

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Apartment

Source Metro Search (Greater Louisville Association of REALTORS®)

Land Area 20412

Property Description

This listing includes 3403, 3405, 3407 & 3411 Prestwood Drive, they will not be sold separately. All 24 units are 2 bedrooms, 1 bath, with living room, dining area and kitchen. The units have all been renovated by the current owners with updated kitchens & baths, Luxury Vinyl plank flooring in majority of units. Baths all consist of tub/shower combinations with linen closets, 4 total closets (one of which is a walk-in with automatic lighting) in each unit. Kitchens & Bath with ceramic flooring. All units have either electric or gas furnaces with central air. There are 6 tandem paved parking spaces in front of each building. Secure entries to each building. Neutral paint throughout most units. These 4 buildings are in the 100-year flood plain (see attached rent roll sheet for breakdowns of of current expenses). These buildings have been self-managed and therefore no official documentation of updates or maintenance is available. The average house meters on all 4 buildings averages $50 per building. The total insurance cost in the listing includes approximately $12,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Market rents could easily be raised $1100 - $1200 per month. Super clean buildings (3 of the 4 have newer roofs). These listings can also be packaged with 7509 & 7511 Garrison Rd. also for sale in KCREA.

Location

State KY

County Jefferson

Direction I-65 Fern Valley exit, left on Preston, right on Prestwood - between Fern Valley and Gilmore

Interior

Heating Electric, Forced Air

Cooling Central Air

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Flood Insurance Req

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Brick

Greater Louisville MLS (Metro Search Inc)
Listed by RE/MAX Results
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+1(502) 428-9847

cody@codyhellardgroup.com

2303 Hurstbourne Village Drive, Suite 300, Louisville, KY, 40299, United States

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3403, 3405 Prestwood Dr