200 N Hill-N-Dale St, Danville, KY 40422

$3,250,000
56
BD
40
BA
32,460
SqFt

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List Price
$3,250,000
MLS#
26000508
Status
ACTIVE
Type
Multifamily
Subtype
Apartment
Bedrooms
56
Bathrooms
40
Full Baths
40
Living Area
32,460
Lot Size
102,366

Property Description

200 N. Hill-N-Dale Street is a 40-unit multifamily property in Danville, KY. The property, built in 1975 and renovated in 2018, is 32,460 square feet and is situated on 2.35 acres. There are 24 one-bedroom/one-bathroom units and 16 two-bedroom/one-bathroom units. The one-bedroom units are 750 square feet and offer washer/dryer hookups. The two-bedroom units are 900 square feet. Each unit offers LVT, tile, and carpet flooring and separate dining and living room areas. The property features ample paved parking providing off-street parking for all units and abundant green space. It is ideally located minutes from Centre College, retail centers, and downtown Danville. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 115 Delmont Drive, Lexington, KY. Financials available upon request.

Additional Information

Zoning
Other
Elementary School
Hogsett
Middle School
Bate
High School
Danville

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Calculator source: Real Geeks

Listing courtesy of Block + Lot Homes.