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Hines Portfolio — 12-Unit Apartments 5704 Old Highway 54 12 Unité Immeuble d’appartements À vendre Philpot, KY 42366
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 12 units (mix: 8×2BR / 4×1BR) — value-add reposition
- Two adjacent parcels included
- Parking re-striping near the building per fire/ROW turnaround guidance (scope/timing to be confirmed)
- Primary building 9,030 SF, 2 stories, 1980 construction (brick)
- Combined land area approx. ±2.08 AC across 3 parcels
- Private/onsite sewer; seller open to reasonable easements/solutions with parcel splits
RÉSUMÉ DE L'ANNONCE
12-unit value-add apartment asset at 5704 Old Hwy 54 with two adjacent parcels included (±2.08 AC total), offered individually as part of the Hines Portfolio.
Positioned along Old Hwy 54, this 12-unit multifamily opportunity pairs a manageable scale with embedded land value across two adjacent parcels (for a combined ±2.08 AC). The primary building (circa 1980, 9,030 SF, brick) carries a mix of 8 two-bedroom and 4 one-bedroom units, ideal for a value-add reposition toward market rents. Parking is on-site; targeted re-striping adjacent to the building is planned to satisfy fire/ROW turnaround requirements.
As part of the broader Hines Portfolio, the seller will consider cross-access and utility easements in connection with parcel splits. Property is served by private/onsite sewer; easement or alternative solutions are feasible subject to approvals. Full diligence is available via NDA.
Remarks / Disclosures:
- Included Parcels: 089-00-00-015-01-000 (5704 Old Hwy 54), 089-00-00-017-00-000 (Old Hwy 54, ±0.28 AC), 089-00-00-018-00-000 (5740 Old Hwy 54, ±0.75 AC with ±1,200 SF metal building).
- Re-striping: targeted adjustments adjacent to apartments per fire/ROW; scope/timing/responsible party to be confirmed.
- Sewer: Private/onsite; easements/alternatives considered with parcel splits.
- Portfolio: Part of the Hines Portfolio — see master listing for map & additional assets.
Positioned along Old Hwy 54, this 12-unit multifamily opportunity pairs a manageable scale with embedded land value across two adjacent parcels (for a combined ±2.08 AC). The primary building (circa 1980, 9,030 SF, brick) carries a mix of 8 two-bedroom and 4 one-bedroom units, ideal for a value-add reposition toward market rents. Parking is on-site; targeted re-striping adjacent to the building is planned to satisfy fire/ROW turnaround requirements.
As part of the broader Hines Portfolio, the seller will consider cross-access and utility easements in connection with parcel splits. Property is served by private/onsite sewer; easement or alternative solutions are feasible subject to approvals. Full diligence is available via NDA.
Remarks / Disclosures:
- Included Parcels: 089-00-00-015-01-000 (5704 Old Hwy 54), 089-00-00-017-00-000 (Old Hwy 54, ±0.28 AC), 089-00-00-018-00-000 (5740 Old Hwy 54, ±0.75 AC with ±1,200 SF metal building).
- Re-striping: targeted adjustments adjacent to apartments per fire/ROW; scope/timing/responsible party to be confirmed.
- Sewer: Private/onsite; easements/alternatives considered with parcel splits.
- Portfolio: Part of the Hines Portfolio — see master listing for map & additional assets.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du lot | 1,05 AC |
| Nombre d’unités | 12 | Taille du bâtiment | 9 030 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 80% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1980 |
| Classe d’immeuble | C | ||
| Zonage | Commercial | ||
| Type de vente | Investissement |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 1,05 AC |
| Taille du bâtiment | 9 030 pi² |
| Occupation moyenne | 80% |
| Nombre d’étages | 2 |
| Année de construction | 1980 |
| Zonage | Commercial |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Impôts fonciers
| Numéro de lot | 089-00-00-015-01-000 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 581 920 $ CAD |
Impôts fonciers
Numéro de lot
089-00-00-015-01-000
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
581 920 $ CAD
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Hines Portfolio — 12-Unit Apartments | 5704 Old Highway 54
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