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$ 3,250,000
Active
200 N Hill-N-Dale Street Danville, KY 40422
56 Beds
40 Baths
32,460 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 32,460 sqft
Price per Sqft $100
Subdivision Commercial
MLS Listing ID 26000508
Bedrooms 56
Full Baths 40
Year Built 1975
Lot Size 2.350 Acres
Acres 2.35
Property Sub-Type Apartment
Property Description
200 N. Hill-N-Dale Street is a 40-unit multifamily property in Danville, KY. The property, built in 1975 and renovated in 2018, is 32,460 square feet and is situated on 2.35 acres. There are 24 one-bedroom/one-bathroom units and 16 two-bedroom/one-bathroom units. The one-bedroom units are 750 square feet and offer washer/dryer hookups. The two-bedroom units are 900 square feet. Each unit offers LVT, tile, and carpet flooring and separate dining and living room areas. The property features ample paved parking providing off-street parking for all units and abundant green space. It is ideally located minutes from Centre College, retail centers, and downtown Danville. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 115 Delmont Drive, Lexington, KY. Financials available upon request.
Location
State KY
County Boyle
Zoning Other
Interior
Heating Other
Cooling Other
Exterior
Parking Features On Site, Paved
View Y/N N
Handicap Access No
Private Pool No
Schools
Elementary Schools Hogsett
Middle Schools Bate
High Schools Danville
Listed by Block + Lot Real Estate