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|  | | 1.27 Acres Prime Real Estate!!
Zoned C-1
Opportunity to build your own!
703 Lyndon Lane,
Louisville KY 40222
$750,000.00
HURRY! This large C-1 lot is located on a
busy, busy road to bring in customers for your business of choice. It is a choice location on Louisville's East Side.
Major cross street is New Lagrange Rd.
Potential Buyer in place for portion of rear lot, which
will make for possible NOTHING DOWN transacton. Call for creative details. Potential Buyer for back 1/2 of lot,
could mean nothing down deal, if you develop front of lot.
Adjoining Property on Left is zoned C-2. Plats and potential
Developmental Ideas are available upon request.
Recent development of Sonic Restaurant across
the street along with a Brand New Ice Cream Franchise immediately across from subject property will
increase customer flow.
Retail space needed in area. This is an
opportunity for two fast foods to share one lot, Medical facility or Apartments.
Market Value established by MAI appraisal.
Call or email Joe Woodside, CCIM at 502.637.9698
or Joe@ApartmentBrokersKY.com___________________________________________________________
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We are here to help. . . | |
Douglas and Wendy Pedersen,
REALTORS
Are you considering selling your home or apartments in the near future?
If you’re even considering selling – whether now or in the near future – don’t hesitate to contact us.
We are the team that will provide you with:
A free market evaluation of your home or apartments.
A market trend report that shows you what’s been sold.
A neighborhood report that will inform you of the amenities, services, and schools in the area you’re interested in buying or selling.
Call to just say Hi! Or visit our website
www.ApartmentBrokersKY.com to see our current listings!
Douglas & Wendy Pedersen, REALTORS
Apartment Brokers KY
502-821-1579 or 502-821-1586
PedersenKY@yahoo.com
www.ApartmentBrokersKY.com
Serving Louisville since 1973.
Joe Woodside, CCIM, Principal Broker
See current Listings below, or click on Listings Button on left for all listings on MLS
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New Listing! 3 plex,. . .Could be 5 bed, 3 bath SFH | | Price: PRICED TO SELL.. .Now $129,900.00. . .HURRY! WAS--$139,000.00 WAS--$134,900.00, i.e., 2316 Sq. Ft. $56.00 per Sq. Ft.
Apartments:
First Floor: 2 Bedrooms, Dining Room, Kitchen, Living Room, Full Bath,
Hardwood and Tile floors, Large Front Porch, Deck over Garage.
Rent: $485.00 Plus % of LG&E and Water Bill. Mo/Mo.
2nd Floor: 1 bedroom, Living Room, Large Eat-in Kitchen w/Island Sink
Large Storage Closet and Bedroom, recent carpet, Full Bath.
Rent: $395.00 Plus % of LG&E and Water Bill. Mo/Mo.
Basement: 1 Bedroom, Living Room Kitchen, Extra Large Storage Room.
Separate Outside Entrance.
Rent: $310.00, Plus % of LG&E and Water Bill. Mo/Mo.
Separate Basement Area:
3 Washer/Dryer Hookups
3 Gas Dryer Hookups
3 Separate Additional Storage Area
1 Car Garage:
Large Front Porch
Deck off 1st Floor
3 Car Parking
Fenced Yard,
UPDATES:
Furnace Replaced: 12/1999
A/C Replaced 3/2002
Painted 8/2003
Alum/Gutters 7/2004
Roof Replaced 8/2009
Totally Spiffy and Clean Property.
Expenses:
LG&E $2359.00*
Water: 982.00*
Insurance: 760.00
RE Tax: $1462.00
Total: $5563.00
(*) Tenant Pays:
All Tenants are Month to Month.
Total Income: before Paying LG&E and Water:
$14,280.00
Closets have been built in to staircase for conversion to apartments.
Additonal thoughts:
NN Property. Tenants pay LG&E and Water. Total LG&E $2359.00, Water, $982.00. EXPENSES: Insurance is $760.00. Taxes $1462.00.
New Furnace: 12/1999, New AC: 3/2002, Painted: 8/2003. Alum/Guttering: 7/2004. New Roof: 8/2009. < Many other small updates, too many to list. This is a very clean, spiffy, pride of ownership property, with upside in rents. With minor modification could be easily re-converted to Large Single Family home with 5 bedrooms. Fenced Back Yard, with plenty of room for garage. NOTE: TENANTS PAY LG&E and Water. 2nd floor vacant at listing. Tenants are Month to Month. 48 hours notice for inspection. Tenants have individual washer/dryer hook ups in additional basement space. One car attached garage with access from front. Includes large concrete deck above garage, accompanies first floor unit. New steps and deck to 2nd floor unit. Very convenient area, just inside the Watterson expressway and with 200 yards of Camp Taylor Elemantary school. Active neighborhood association. Belmar Neighborhood Association. Large, comfortable front porch for evening tea.
Notes:
Property is zoned R-5 More info at www.ApartmentBrokersKY.com This is a steal as a Single Family Residence. 2316 Sq Ft in 3 units, with additional basement storage and laundry room. Range and Refrig in each unit remains. New Range in first floor unit.
Legal:
Deed Book: 6870 Page 991, Block 85B Lot: 47 Sub Lot 1246
Lot 50 x150,
Bldg Sq. Ft. 2316
Joe Woodside, CCIM
637-9698 Off/Fax
931-9021 Cell
The broker/agent does not guarantee the accuracy of square footage, lot size, or any other information
concerning the condition or features of property provided by the seller. Information deemed reliable, but not
guaranteed, copyrighted 2010
Add to Listing form, agent notes
48 HOURS NOTICE TO SHOW MINIMUM REQUIRED(IN ORDER TO GIVE NOTICE TO TENANTS). SHOWINGS, MONDAY-SATURDAY 10:00 AM 3:00 PM ONLY.
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|  | | Five Unit Apartment Building!!
25 years old -- One Owner -- Possible Condo Conversion
1916 Payne Street, Louisville, Kentucky, 40206
(Lexington Rd. to Payne St., or Frankfort Ave. to S. Ewing Ave. to Payne St.)
$367,000.00
This brick 5-plex is located in Crescent Hill. It is within walking distance to the Clifton Center and close to Frankfort Ave and the Mellwood Arts Center. This property also has easy access to Downtown and to I-64. It sits on an oversized lot with 8 off street parking spaces. All two bedroom units offer washer/dryer hookups as well as HV/AC and carpeted floors. Roof was replaced in 2007.
Total Annual Rent $28,680.00. In Brokers opinion, rents are under market.
Rent Roll Lease Term Rent Roll Lease Term
Apt. 1 $490.00 Mo. to Mo Apt. 3 $490.00 Mo. to Mo
Apt. 2 $450.00 Mo. to Mo. Apt. 4 $465.00 Mo. to Mo.
Apt. 5 $495.00 Mo. to Mo.
Yearly Costs: Utilities: House Meter $158.00
Water $2203.01
Taxes: $2532.16
Legal Description: 4867 exterior square footage, apartment 770 Sq. St.,
Deed book 6856 Page 0802, Block 070B Lot 0054
Lot size 83 x 165, Year built 1985, Zoning R6
Please visit our website at ApartmentBrokersKY.com for additional information.
PAYNE ST, AUDUBON PARKWAY, ROBIN RD in Audubon Park, LYNDON LANE, ALL PROPERTIES OWNED BY ONE OWNER! ___________________________________________________________
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|  | | Eight Unit Apartment Building
Possible Condo Conversion
Located in Lovely Audubon Park
908 Audubon Parkway, Louisville, Kentucky 40213
$ 572,000.00
This spanish style 8 unit building is located in Audubon Park. Walk to the Audubon Country Club. Close to everything, the Airport, Audubon Hospital, Fairgrounds, Downtown, the I-264 entrance. All units are large one bedroom with original hardwood floors and window A/C. Heat and water is provided, tenant pays personal gas and separate electric. Five lighted carport spaces with 4 additional parkings spaces.
Total Annual Rent $42,840.00. In Broker's opinion rents are below market
Rent Roll Lease Term Rent Roll Lease Term
Apt. 1 ($450.00 VC) Mo. to Mo. Apt. 5 $450.00 Mo. to Mo.
Apt. 2 $440.00 Mo. to Mo. Apt. 6 $450.00 07/31/10
Apt. 3 $430.00 Mo. to Mo. Apt. 7 $450.00 11/30/10
Apt. 4 $450.00 Mo. to Mo. Apt. 8 $450.00 Mo. to Mo.
Utilities: 2009 Heat and Water Provided
LG&E $6975.53, Water $2141.72, Taxes $5382.60,
Boiler - 1985, Water Heater - 2005, Carport Roof - 2006
Legal Description: 6730 exterior square footage, Apartments 656 Sq. Ft., City of Audubon Park
Deed book 6892 Page 348, Block 695 Lot 75 Sublot 43
Lot size 123 x 200, Year built 1915, Zoning R-3
Audubon tax rate $0.261 per 100, City of Audubon Park (502)637-5066
Can show one unit on short notice.
Please visit our website at ApartmentBrokersKY.com for additional information.
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|  | | 3318 Robin Road, Louisville, KY 40213
Directions: I-264 to N. on Preston, Turn right at Audubon Parkway,
Turn right on Robin Road
Audubon Park four plex--HUGE UNITS!!
$ 392,000.00
Brick two story four plex in Audubon Park! Walk to the Audubon Country Club. Close to everything, the Airport, Audubon Hospital, Fairgrounds, Downtown, the I-264 entrance and much much more. Well cared for and in excellent condition.
Total Annual Rent $23,400.00
Rent Roll Lease Term Rent Roll Lease Term
Apt. 1 $500.00 11/30/10 Apt. 3 $500.00 12/31/10
Apt. 2 $475.00 Mo. to Mo. Apt. 4 $475.00 Mo. to Mo.
Details: Roof - 2008, Two furnaces, forced air gas (Apartment 1 & 3 and 2 & 4), thermostat in unit 1& 2. Furnace and water heater serviced annually. Gravel parking with 8-9 spaces. Backs up to railroad track. Recent updates include exterior paint, touch-up paint in foyers, recarpeted front and rear foyers. Air conditioned by window units supplied by owner. Neat and clean basement with washer and dryer owned by tenant. With 4 storage lockers. Units 1 & 3 vinyl redone in kitchen.
Expenses: Utilities: 2009 LG&E $2808.94 minus tenants payments on gas of $1242.94 = $1566.00
(Tenants prorated share of gas and electric for heat in 2009 $1242.94)
Water $2097.41
Taxes $4672.63
Legal Description: 4608 exterior square footage, Apartments 974 Sq. Ft., City of Audubon Park
Deed book 6850 Page 0704, Block 0695 Lot 0057
Lot size 67 x 175, Year built 1960, Zoning R-3
Audubon tax rate $0.261 per 100, City of Audubon Park (502)637-5066
Please visit our website at ApartmentBrokersKY.com for additional information and other Eastend apartments by same owner.
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Professional Apartment/Investment Sales. | | Buyers Waiting for your apartments!
Many Buyers want to Condo your apartments Louisville Kentucky!Services Offered:
Joe Woodside, CCIM #1762, located in Louisville Kentucky and Licensed as a
Real Estate Broker since 1963, initially trained in commercial and investment brokerage,
then deciding to specialize in the sale and exchange of apartment buildings in 1975.
We have expanded our data base and marketing plan to include all of the apartment building owners
in Metro Louisville, and much of Kentucky.
When EXPERIENCE COUNTS!
Joe received the prestigious CCIM designation in 1982, and has extensive experience in
selling apartment buildings of all sizes. Training in investment analysis, exchanging, counseling,
tax consequences, sales and marketing, and the creative sale and disposition techniques of investment
properties, provides every opportunity to Market Your Apartments!
In addition to a data base of close to 5000 apartment building owners, and 2000 buyers,
with whom we are in regular contact, we also email our apartment Listing Email Flyers
to over 2000 buyers and 1000 Realtors, who are seeking apartment opportunities.
We have experience in the sale of 2 units and knowledge to assist institutional investors
seeking up to 400 units throughout the southeast. KNOWLEDGE, EXPERIENCE, FOCUS, and MAXIMUM MARKET EXPOSURE of your property, is our path to success
in the marketing, sale and exchange of investment properties.
We sell what we list and our primary goal is to make sure our clients realize their investment goals
in buying and selling and exchanging.
We SPECIALIZE IN THE SALE AND EXCHANGE OF APARTMENT BUILDINGS, only!
Call or email: Joe@ApartmentBrokersKY.com to sell your properties! 502-637-9698
We also take special care to treat your tenants with the respect they deserve and are considerate of their rights. We always give 48 hours written notice before inspecting their apartments, because keeping good tenants is important to you and very important to us. Look here before looking anywhere, before listing your APARTMENTS FOR SALE! Joe Woodside, CCIM
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Maximum Market Exposure for your Apartments! | |
What is the CCIM designation?
The CCIM (Certified Commercial Investment Member) designation is a professional designation awarded by the Commercial Investment Real Estate Institute (CIREI). To date, more than 7000 individuals hold this prestigious designation with another 5,000 candidates pursuing the CCIM designation. There are only 48 CCIM Designees in Louisville, Ky.
Experience Counts!
Apartments FOR SALE Marketing Plan--
Apartment Brokers KY.com Joe Woodside, CCIM Action Marketing Plan For Apartment Buildings
INSTALL AND MAINTAIN: 1. Data Base of all Owners of Apartment Buildings in Greater Louisville Kentucky. Over 5000 Owners, 5000 properties. Mail post cards to each 3-4 times per year.
2. EMAIL Data Base on all Apartment Building buyers who have contacted us regarding listings for sale and/or have bought more than 1 property in a year. Mail each new listing to 2900 plus buyers on our mailing list.
3. Data Base of HUD Apartment Building buyers for the past 5 years. 1000 plus buyers.
4. Data Base of National Buyers of Apartment Complexes. 200 plus, taken from National Real Estate Investors Magazine for year 2000.
5. Data Base of all the Members of the Louisville Apartment Association, Owners of Apartments and Vendors.
6. Data Base of Members of KREIA, Kentucky Real Estate Investors Association. 435 vendors and investors of smaller investment properties.
7. Data Base of National CCIM's, approximately 7000 members, contact via Mass EMail.
8. Place Property on Internet via www.ApartmentBrokersKY.com. Who specialize is Selling Apartments.
9. Place pictures and facts and analysis on www.ApartmentBrokersKY.com, and CCIM.com
Action Plan for Selling/Exchanging Apartments
1. Print color flyer/presentation of subject property and Mail to investors, owners.
2. Perform Mass Fax of flyer/presentation to appropriate* investors and Buyers of Apartment Buildings.
4. Mail flyers/presentation to balance of Mailing Lists in necessary.
5. Mail/Fax/EMail to owners of apartments in surrounding Zip Code Areas.
6. Mail flyers to Select Realtors/Bankers/Mortgage Brokers.
7. Advertise as needed in Print Publications. *Appropriate. Depending on Size/Price of units.
Real estate fees:
6% up to $500,000
5% up to $1,000,000
4% over $1,000,000
Listing term: minimum 6 months.
Employ a real estate INVESTMENT professional, who Specializes in Apartment Buildings! Joe Woodside, CCIM, #1762
Your Most Valuable Real Estate Asset : CCIM (Certified Commercial-Investment Member), awarded by Commercial Investment Real Estate Council.
A few of the courses I have taken in past years that I recommend:
1. The Art of Real Estate Counseling. (Chuck & Rocky Chatham)
2. Creative Transaction Making. (Walker)
3. Creative Real Estate & Problem Solving Formulas. Robert W. Steele)
4. Conceptual Bridges Between Property & People. (Bill Broadbent)
5. Basic Steps In Real Estate Exchanging (Ringsdorf)
6. Lowry/Nickerson Real Estate Investment Seminar.
7. Trade Secrets of Exhanging. (Warren Harding)
8. Business Opportunities. (Hamel)
9. VR Business Brokerage, System 1
10. The Andover Group, Business Brokerage Training.
11. Buyer Brokering. (Dan Murr, CCIM)
12. Buyer Brokerage. ( James B. Warkentin)
13. How to Represent a Buyer. ( Bill Broadbent, CCIM)
14. Non Contingent Fees. (Bill Broadbent, CCIM)
15. Developing, Syndicating and Big Money Brokerage. (Allen)
16. Income Tax Aspects of Real Estate Transactions. (Chuck Considine)
17. Creative Real Estate Formulas & Techniques. (Barney Zick, CCIM)
18. Introduction to Real Estate Exchanging. (William R. Turner, CCIM)
19. The Key to Real Estate is Financing. (Richard C. Powelson, Phd.)
20. CI 101 Fundamentals of Creating a Real Estate Investments. (CCIM)
21. CI 102 Fundamentals of Analyzing Real Estate Investments. (CCIM)
22. CI 103 Advanced Real Estate Taxation & Marketing. (CCIM)
23. CI 104 Case Studies in Commercial Investment Brokerage. (CCIM)
24. Principles and Technologies of Effective Communication for Commercial-Investment Marketing. (CCIM)
25. Applied Real Estate Syndication. (RESSI)
26. The Art of Negotiating. (Gerard I. Nierenberg)
EXPERIENCE:
Kentucky Real Estate Brokers License, 1963
Indiana Real Estate Brokers License, 1974>
Louisville Board of Realtors 1975
CCIM Designation #1762, 1982
Past President (KREE) Kentucky Real Estate Exchangors 1986
President, Mortgage Captial Corporation, (Mortgage Buyers)
Commercial-Investment Real Estate Council, (CCIM)
Listed in Who's Who in Creative Real Estate
Member Kentucky Association of Realtors
Member National Association of Realtors
Member (KREIA) Kentucky Real Estate Investors Association
REAL ESTATE SERVICES OFFERED:
Seller Representation (Single Agency)
Buyer Representation (Single Agency)
Fee Counseling, Problem Solving
Creative Acquisition/Disposition Solutions
Confidential Buying/Selling
Discounted Mortgages; Buying/Selling/Brokerage
Tax Deferred Exchanging, Section 1031
Personal Property Exchanges
Cash Flow Analysis
Debt Coverage Ratio Analysis * Market Rent Analysis * Return on Equity Analysis * Comparable Market Analysis * Negotiation & Transaction Structuring * Specialty Financing/Structuring, Rates: Hourly Fee/Percentage Commission
www.ApartmentBrokersKY.com
MARKETING/COUNSELING
3033 Wirth Ave., Louisville, Ky. 40217 off./fax. 502 637-9698 * vm. 502 931-9021 Joe@ApartmentBrokersKY.com
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Are you receiving our monthly "Financial Wire"? Send us your EMail Address now! | | TheFinancial Wire
Financial Wire is full of interesting and useful information about apartment rentals, management, analysis/cashflow, our listings, solds, maintenance and financial related issues.
Plus Updated Daily Mortgage Rate Averages
If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
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Apartments For Sale, Louisville Kentucky
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