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12 Units in Irvine, Ky! Available

  • $700,000
  • 24 beds
  • 12 baths

2305 Wisemantown Rd, Irvine, Ky 40336 (Blue Valley Apartments on Google)
Apartments 1-12

All Units are 2 bed/1 bath townhouses with 768sqft Each with 2 Stories

2 Buildings Total with 6 Units Each Building

Building 1, Apartments 1-6 have a new roof, gutters and downspouts, new windows, new kitchen cabinets and countertops, new stove and refrigerators, new hot water heater, new flooring, new kitchen vanity/faucets, new kitchen sinks/faucets, new toilet, new plumbing lines were replaced when fixtures changed.Replaced water lines as needed, updated electrical as needed

Building 2 Apartments 7-12 have new furnaces and A/C units within past 12 months and all under warranty, new windows, new kitchen cabinets and countertops, new stove and refrigerators, new hot water heater, new flooring, new kitchen vanity/faucets, new kitchen sinks/faucets, new toilet, new plumbing lines were replaced when fixtures changed.Replaced water lines as needed, updated electrical as needed. Exterior Vinyl siding has had some work.

Every unit has been repaired and updated.

Each unit is rented as follows:

1 – Vacant – Last unit to be remodeled and will be ready 02/01/2022
2. Recent remodel and will be occupied 01/01/2023 with 12 months least @ $600
3. Month to Month lease @ $600. They will be signing a new lease 02/01/2023 for 12 months
4. $600 on annual lease – expires 04/01/2023
5. $600 – Annual Lease – Expires 07/01/2023
6. $650 – Annual lease expires 10/01/2023
7. $600 – Annual lease – expires 07/01/2023
8. $600 – Month to Month
9. $600 – Annual Lease – Expires 04/01/2023
10. $600 – Annual Lease – Expires 10/01/2023
11. $600 – Expires 11/01/2023
12. $600 – month to month

PGI – $7250 per month currently. Potential for additional increases as these expire to $650-$700

Utilities
Tenants pay all utilities
Jackson Energy RECC Electric
Columbias Gas- Heat
Estill Co Water and Sewer (Public Sewer

We know a Property Manager in the area that can manage it for you.

We are asking $700k for the property!

Call Joel Cecil at 502-296-0458 if you are interested in it!

Price:
$700,000
Address:
2305 Wisemantown Rd
Irvine, Ky 40336
Bedrooms:
24
Bathrooms:
12
Terms:
Assignment of Contract
Property Type:
Multi-family

Call (502) 296-0458 for more details

Property Location