1143 S 1st St

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1143 S 1st St

Louisville, KY 40203
Asking Price
$480K
Asset Type
Student Housing Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily student housing located at 1143 S 1st St
  • Asset positioned within the Louisville market area
  • Offered for sale at an asking price of $480,000
  • Property sits at coordinates 38.2353 and -85.7548
  • Asset type specifically configured for student housing use

What's Special

Louisville serves as a regional hub for education and healthcare, anchored by the University of Louisville and a diverse professional workforce. Situated at 1143 S 1st St, this multifamily student housing asset is positioned to benefit from the consistent demand for accessible living arrangements near campus facilities. The property occupies a central location within the urban core, allowing residents easy access to local transportation networks and the broader amenities of the metropolitan area. Investors looking to capitalize on the steady student population will find this asset type well-suited for academic-focused rentals. Its configuration supports efficient management in a market where proximity to educational institutions remains a priority for long-term tenancy. With a price point of $480,000, this building represents a clear entry or expansion point for portfolios concentrated in residential urban real estate.

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NOI
$80,000
Cap Rate
16.67%
DSCR
2.81
Strong
Cash-on-Cash
35.77%
Monthly Payment
$2,374.778
Annual Cash Flow
$51,502.663

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