2301 Meadow Dr

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2301 Meadow Dr

Louisville, KY 40218
Asking Price
$695K
Asset Type
Apartment Building Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use property listed for sale in Louisville, Kentucky.
  • Total building size measures 6,412 square feet.
  • The asset is classified as an apartment building.
  • Asking price for the commercial property is $695,000.
  • Located within the 40218 zip code area.

What's Special

This mixed-use property for sale at 2301 Meadow Dr in Louisville, KY, presents a practical addition to a commercial portfolio. Spanning 6,412 square feet, the building functions as an apartment building, offering versatility for investors seeking assets in a growing urban center. Louisville remains a vital hub for regional commerce, benefiting from strong logistics and healthcare sectors that support consistent demand for housing and small-scale commercial space throughout the metro area. Investors will find the asset well-positioned within this established Kentucky market. The building’s configuration allows for stable operations, catering to tenants who prioritize proximity to local transit corridors and residential infrastructure. Its mixed-use nature provides potential for diverse income streams, making it a functional choice for those focused on long-term holding strategies in an accessible suburban location. The property stands as a straightforward acquisition for buyers interested in the local multi-family or flexible commercial landscape.

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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