314 Audley Avenue
Property Description
Excellent investment opportunity featuring a well-maintained 40-unit apartment complex, built in 2009, with a desirable unit mix of 32 one bedroom units and 8 two bedroom units. The property offers an attractive combination of current income, a newer construction profile, and significant potential for future growth. Conveniently located just a 2-minute drive from Russell Sims Aquatic Center and Preston Miller Park, providing residents with easy access to recreation, entertainment, and outdoor amenities. The property's location and unit mix make it well-positioned to attract and retain tenants. Value add potential exists through continued rental growth and operational improvements, offering an opportunity to increase revenue and cash flow over time.
Broker Details
Crye-Leike Executive Realty (270) 781-3377
MLS ID: 27857 State License Number: 268863
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,800,000 |
| No. of Units: | 40 |
| Year Built: | 2009 |
| Opportunity Zone: | No |
| Price per unit: | $120,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 0 |
ID: 3yd-RASKKY-RA20264934
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