4311 Norbrook Dr, Louisville, KY 40218

Property Description

Now offering for sale 4311 and 4313 Norbrook Dr., two adjacent eight unit properties for a total of 16 units. These garden-style apartments include four 2BR/1BA units and 12 1BR/1BA units, with no common area hallways. Both buildings have been improved by the current owner and are fully occupied. Most rents are below market, and there is opportunity to increase revenues and streamline expenses. The assets are located in the Buechel neighborhood in an established pocket of workforce housing off Fegenbush Lane, with proximity to Bardstown Rd., I-264, GE Appliance Park, and more. Highlights include: > 4 2BR/1BA, 12 1BR/1BA units > Separately metered LG&E > Opportunity to raise under market rents and streamline expenses > On site laundry Seller's improvements include: > Newly paved lot (4313) > New windows throughout both buildings > New HVAC's (4313) and PTAC's (4311) > Many units upgraded with new kitchens and wiring