200 N. Hill-N-Dale Street is a 40-unit multifamily property in Danville, KY. The property, built in 1975 and renovated in 2018, is 32,460 square feet and is situated on 2.35 acres. There are 24 one-bedroom/one-bathroom units and 16 two-bedroom/one-bathroom units. The one-bedroom units are 750 square feet and offer washer/dryer hookups. The two-bedroom units are 900 square feet. Each unit offers LVT, tile, and carpet flooring and separate dining and living room areas. The property features ample paved parking providing off-street parking for all units and abundant green space. It is ideally located minutes from Centre College, retail centers, and downtown Danville. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 115 Delmont Drive, Lexington, KY. Financials available upon request.
| MLS # | 26000508 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 230 |
| Listing Provided By | Block + Lot Real Estate | Alaina Stokes |
| Bed(s) | 56 |
|---|---|
| Bath(s) | 40 Total |
| SQ Feet | 32,460 |
| Units | 40 |
| Building(s) | 2 |
| Zoning | Other |
| Acreage | 2.35 |
| Cooling | Other |
|---|---|
| Heating | Other |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
| State | KY |
|---|---|
| County | Boyle |
| City | Danville |
| Zip Code | 40422 |
| Area | 012 Boyle County |
| Subarea | Boyle County |
| Community Name | Commercial |
| School District | Boyle County |
| Elementary School | Hogsett |
| High School | Danville |
| Listing VS Median (in Commercial) | |
Price: $3,250,000 low | high Med: $89,450 sqft: 32,460 low | high Med: 2,383 $ / sqft: $100 low | high Med: $38 On site: 230 low | high Med: 54 | |
| State | KY |
|---|---|
| County | Boyle |
| City | Danville |
| Zip Code | 40422 |
| Area | 012 Boyle County |
| Subarea | Boyle County |
| Community Name | Commercial |
| School District | Boyle County |
| Elementary School | Hogsett |
| High School | Danville |
| Listing VS Median (in Commercial) | |
Price: $3,250,000 low | high Med: $89,450 sqft: 32,460 low | high Med: 2,383 $ / sqft: $100 low | high Med: $38 On site: 230 low | high Med: 54 | |