1055 N Buckman Street
Property Description
52-Unit Value-Add / Stabilized Multifamily Opportunity - Shepherdsville, KY Positioned in the direct growth path of Shepherdsville and just minutes from Exit 117 on Interstate 65, this 52-unit multifamily offering presents a rare opportunity to acquire a substantially renovated asset in one of Kentucky's fastest-growing logistics and industrial corridors. All 52 units are 2-bedroom, 1-bathroom floor plans constructed of durable brick exteriors across 12 buildings. Over the past three years, ownership has completed extensive renovations to 90%+ of the units, creating a highly attractive, low-deferred-maintenance investment. Interior upgrades include (but are not limited to): Renovated kitchens and bathrooms New cabinets, vanities, tubs, and sinks Updated appliances Replaced water heaters New and updated HVAC systems New flooring and paint Updated fixtures throughout In addition to interior improvements: Over half of the A/C units have been replaced within the last five years The parking lot was completely redone two years ago Roof replacements are currently underway on 8 of the 12 buildings This level of capital improvement significantly reduces near-term maintenance exposure while positioning the property for continued rent growth. Owner/ licensed agent in the state of KY
Broker Details
Crye-Leike Executive Realty (270) 781-3377
MLS ID: 27563 State License Number: 251796
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,990,000 |
| No. of Units: | 52 |
| Year Built: | 1995 |
| Opportunity Zone: | No |
| Price per unit: | $115,192 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 1 |
ID: 3yd-RASKKY-RA20260882
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