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Additional details

Wes Williams

williamseliterealtyky@gmail.com +1(606) 627-1764

$ 3,200,000

52 Beds

28 Baths

21,724 SqFt

Save

$ 3,200,000

Save

52 Beds

28 Baths

21,724 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 21,724 sqft

Price per Sqft $147

Subdivision Downtown

MLS Listing ID 26026063

Bedrooms 52

Full Baths 28

Year Built 1976

Lot Size 1.503 Acres

Acres 1.5

Property Sub-Type Apartment

Property Description

Rare opportunity to acquire a 28-unit multifamily portfolio consisting of three neighboring apartment buildings at 115, 125 & 135 E. Walnut Street in downtown Danville, Kentucky . This well-positioned portfolio combines a highly desirable central location with extensive property improvements and the convenience of on-site parking. The properties have been significantly improved, including new roofs, updated HVAC systems and updated units throughout, allowing a new owner to benefit from substantial capital improvements already completed while minimizing near-term renovation needs. The location is a standout. Situated beside historic Constitution Square and just blocks from Danville's Main Street district, residents have convenient access to downtown restaurants, shopping, services and community attractions. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is just minutes away along the Walnut Street corridor, placing the portfolio near two of Danville's major employment and educational anchors. With 28 units concentrated in one highly convenient location, the portfolio offers the efficiencies of larger-scale multifamily ownership along with strong accessibility and tenant appeal. The combination of updated units, major capital improvements, on-site parking and a walkable downtown location creates an attractive opportunity for investors seeking a stabilized multifamily asset in the heart of Danville. For buyers looking to expand the acquisition, additional Danville multifamily properties may also be available as add-on opportunities, including duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive. These properties provide the option to increase unit count and further scale within the same market.

Location

State KY

County Boyle

Interior

Heating Electric

Cooling Ductless, Electric

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features On Site

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Hogsett

Middle Schools Boyle Co

High Schools Danville

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Bluegrass Home Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 627-1764

williamseliterealtyky@gmail.com

205 London Shopping Ctr, London, KY 40741-3016, USA

115-135 E Walnut Street Danville, KY 40422