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1001 W 9th St
Russellville, KY 42276
Northfield Manor Apartments · Immeuble residentiel Propriété À vendre
·
48 Unités
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- All units have been updated with vinyl flooring, resurfaced counters and tubs, and fresh paint, reducing immediate capital expenditure needs.
- The property sits on 4.49 acres, offering potential for future enhancements or additional amenities.
- Water and gas are master metered for simplified utility management.
- On-site leasing office and laundry facilities add convenience for residents and support efficient management.
- Electricity is individually metered, allowing tenants to pay their own electric bills and reducing owner expenses.
- Strong value-add potential with room to increase rents and improve overall cash flow.
RÉSUMÉ DE L'ANNONCE
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/196598/northfield-manor
Marcus & Millichap has been selected to exclusively market for sale Northfield Manor, located in Russellville, KY. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in Russellville, KY.
Northfield Manor offers a strong value-add opportunity in Russellville, Kentucky. The property consists of one- and two-bedroom units on 4.49 acres, with recent interior upgrades including vinyl flooring, resurfaced counters, and fresh paint. Current rents are below market, providing immediate upside through adjustments. Utilities are structured with individually metered electricity and master-metered water and gas, creating an opportunity to implement a bill-back program to reduce expenses and increase NOI. With on-site amenities, solid construction, and proven operating history, Northfield Manor is well-positioned for long-term income growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of Northfield Manor.
Marcus & Millichap has been selected to exclusively market for sale Northfield Manor, located in Russellville, KY. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in Russellville, KY.
Northfield Manor offers a strong value-add opportunity in Russellville, Kentucky. The property consists of one- and two-bedroom units on 4.49 acres, with recent interior upgrades including vinyl flooring, resurfaced counters, and fresh paint. Current rents are below market, providing immediate upside through adjustments. Utilities are structured with individually metered electricity and master-metered water and gas, creating an opportunity to implement a bill-back program to reduce expenses and increase NOI. With on-site amenities, solid construction, and proven operating history, Northfield Manor is well-positioned for long-term income growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of Northfield Manor.
FAITS SUR LA PROPRIÉTÉ
| Prix par unité | 109 070 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 4,24 AC |
| Taux de capitalisation | 6,77% | Taille du bâtiment | 40 640 pi² |
| Nombre d’unités | 48 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1972 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,55/1 000 pi² |
| Style d’appartement | Jardin | Zone de développement économique |
Oui
|
| Zonage | Commercial | ||
| Prix par unité | 109 070 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,77% |
| Nombre d’unités | 48 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | B |
| Taille du lot | 4,24 AC |
| Taille du bâtiment | 40 640 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1972 |
| Ratio de stationnement | 1,55/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | Commercial |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Bain/Douche
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 16 | - | 644 |
| 2+1 | 32 | - | 948 |
Impôts fonciers
| Numéro de lot | 069-00-00-039-02 | Évaluation des bâtiments | 2 411 028 $ CAD |
| Évaluation du terrain | 275 546 $ CAD | Évaluation totale | 2 686 574 $ CAD |
Impôts fonciers
Numéro de lot
069-00-00-039-02
Évaluation du terrain
275 546 $ CAD
Évaluation des bâtiments
2 411 028 $ CAD
Évaluation totale
2 686 574 $ CAD
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