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Crawford Crossing Apartments 6800 Crawford Crossing Pl 30 Unit Apartment Building $4,732,169 CAD ($157,739 CAD/Unit) 6.49% Cap Rate Louisville, KY 40258
INVESTMENT HIGHLIGHTS
- 2011-Build Garden Style, All Brick Asset – 6.50% In-Place Cap Rate Offered Below Replacement Cost at $113K Per Unit
- Crawford Crossing has Experienced 3.8% Rent Growth over Trailing 12 Months and Maintained Average Occupancy of 94%
- Unique Property Features – Vaulted Ceilings, Gazebo w/ Grilling Stations, Detached Garages & Storage Lockers, and Bulk Internet
- Immediate Rental Upside: In-Place Rents Trail Market Averages by $171/mo, Presenting a Clear Mark-to-Market Opportunity
PROPERTY FACTS
| Price | $4,732,169 CAD | Building Class | B |
| Price Per Unit | $157,739 CAD | Lot Size | 1.91 AC |
| Sale Type | Investment | Building Size | 36,984 SF |
| Cap Rate | 6.49% | Average Occupancy | 100% |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2011 |
| Property Subtype | Apartment | Parking Ratio | 0.94/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C-1 - Commercial | ||
| Price | $4,732,169 CAD |
| Price Per Unit | $157,739 CAD |
| Sale Type | Investment |
| Cap Rate | 6.49% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.91 AC |
| Building Size | 36,984 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2011 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | C-1 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Carpet
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 30 | - | 900 - 1,025 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,090,090 CAD | |
| Land Assessment | $296,310 CAD | Total Assessment | $3,386,400 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$296,310 CAD
Improvements Assessment
$3,090,090 CAD
Total Assessment
$3,386,400 CAD
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Crawford Crossing Apartments | 6800 Crawford Crossing Pl
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