4911 - 4913 Saddlebrook Ln

Multi-Family for Sale
Catylist Listing ID: 30333061
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 7,392 SF
Gross Land Area: 0.77 Acres
Sale Price: $439,000
Unit Price: $54,875 Per Unit
Property Use Type: Investment
Building Name: 4911 Saddlebrook Ln
Usable Size (USF): 7,392 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

This listing consists of (2) 4plexes with a shared driveway and parking and should be sold as a package. They are surrounded by apartments and residential. The rents are $525/month and is 100% leased.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 137700480000
Zoning: R-7 - Residential Multi-Family District
Percent Occupied: 100%
Property Located Between: Teaneck Ln & Saddlebrok Ct.
Highway Access: Rockford Ln
Airports: LIAP
Site Description: This site is zoned R-7 and has 120’ of frontage on Saddlebrook Ln which parallels Rockford Lane. Annual expenses are $5973 for 4911 and $6139 for 4913.
Area Description: Mix of apartments, retail & residential.
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1969
Year Renovated: 2010
Roof Type: Hip
Construction/Siding: Brick, Wood Frame
Exterior Description: 2 - 4plex w/ shared driveway & rear parking.
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: In rear
Total Parking Spaces: 8
Laundry: Laundromat Nearby
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: All of these 2 bedroom units have combo living room and dining room, kitchen, bedroom and bath. Roof, paint and concrete driveway have been replaced or upgraded.
Zoning Description: R-7
Lot Frontage: 120
Lot Depth: 290
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Lot 47 & 48

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,975 68,424 195,422
Median Age: 37.88 38.59 37.06
Households: 4,688 27,903 79,236
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.