1224 Cherokee Rd, Louisville, KY 40204 | MLS# 1672135

Description

Located in highly desirable Cherokee Triangle, on Cherokee Rd., Appleton Apartments contains six very large units in a built-as apartment property. There are both 2 and 3 BR units with hardwood floors, large rooms, and unique features. Some of the apartments have washer/dryer hookups, and are separately metered for LG&E. Each space has an additional rear egress with access to a back patio and common area yard.

Four currently vacant garages are located on site that could be rented for further upside.

Apartment properties in this sub-market do not come available often, and this generational opportunity is ideal for an experienced owner looking to add units to a portfolio, or a newer investor seeking to build long-term wealth in one of the city’s most appreciating neighborhoods. > Very large 3BR/1BA & 2 BR/1BA units
> In-unit washer/dryer hookups
> Separate LG&E
> Four garages located on-site