6514 Miles Ave

Multi-Family: Low-Rise

6514 Miles Ave, LouisvilleKY 40214

Property Details

Location

Address
6514 Miles Ave, LouisvilleKY 40214
County
Jefferson
Submarket
Parcels
059F00140111

Building Size

Building Size
Rentable Space
22,470 SF

Building Details

Type
 Multi-Family: Low-Rise
Number of Buildings
Number of Units
30
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R-6
Lot Depth
Lot Width

Contacts

Current Listings

15 Duplexes Within One Block

22,470 SF$2,600,000
PRG Commercial Property Advisors

Now available:15 duplexes, all concentrated within a block of an established South Louisville neighborhood, for a total of 30 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.

The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low.

Offering highlights include:

> 30 units total

> Well maintained, upgraded properties

> Opportunity to add value by pushing rents to market rate

> Low operating costs: All tenants are responsible for their own water, LGE, and lawn care

PRG Commercial Property Advisors

Now available:15 duplexes, all concentrated within a block of an established South Louisville neighborhood, for a total of 30 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.

The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low.

Offering highlights include:

> 30 units total

> Well maintained, upgraded properties

> Opportunity to add value by pushing rents to market rate

> Low operating costs: All tenants are responsible for their own water, LGE, and lawn care

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

More Information

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