Exceptional Investment Opportunity: Prime 5-Plex Building Near Campbellsville University
Address: 211-219 Arbor Lane, Campbellsville, KY 42718
Overview: Seize this rare chance to own a lucrative multi-family property in one of the most desirable locations in town. This meticulously maintained 5-plex, encompassing 4,500 sq ft and sits on a generous .80-acre corner lot with abundant yard frontage. With its prime location just one mile from Walmart Super Center, a cinema, an array of restaurants, Veteran's Memorial Park, and Taylor County High School—and only a short distance from Campbellsville University—this property is a standout investment in a thriving area.
Property Details:
•Building Type: Multi-family 5-plex
•Total Square Footage: 4,500 sq ft
•Lot Size: .80 acres
•Units: 4 two-bedroom apartments and 1 three-bedroom apartment
•Occupancy: Fully rented, generating immediate rental income
Recent Upgrades and Features:
•New Metal Roof: Installed for long-lasting durability and low maintenance.
•New Appliances: Each unit features modern, energy-efficient appliances that appeal to today’s tenants.
•Recent HVAC Units: Updated systems ensure comfort and energy efficiency.
•Storage Building: Convenient extra space for tenant use or property management.
•Garden Spot: A dedicated garden area perfect for tenants or community activities.
•Parking Lot: Ample parking space for all tenants enhances property appeal.
Prime Location Benefits:
•Proximity to Campbellsville University: Attract students, faculty, and university staff with this conveniently located property.
•Near Major Amenities: Just 1 block from Walmart Super Center for grocery shopping and essential services.
•Entertainment and Dining: Close to a cinema and numerous restaurants, offering tenants diverse dining and entertainment options.
•Recreational Spaces: Adjacent to Veteran’s Memorial Park, providing green space for leisure and outdoor activities.
•Education Hub: One mile to Taylor County High School, making it ideal for families.
Why Invest?
•Strong Rental Income: With all units currently leased, this property provides a stable and immediate source of rental income.
•High Demand Location: The proximity to Campbellsville University and local amenities ensures consistent tenant demand and minimal vacancy rates.
•Turnkey Investment: Recent upgrades and ongoing maintenance mean reduced future expenses and a hassle-free ownership experience.
•Future Growth Potential: As the area continues to develop, your investment stands to appreciate, delivering long-term financial benefits.
Additional Information: This 5-plex offers a compelling investment opportunity in a prime, high-demand location. Don’t miss your chance to acquire a property with strong rental yields and significant future potential.
For more information or to schedule a private tour, please contact:
Neal Bradshaw 270-789-9536
Denise Bradshaw 270-849-5696
Act now to secure this high-return, hassle-free investment opportunity near Campbellsville University!
Sold for $450,000
$450,000
211 Arbor Ln, Campbellsville, KY 42718
11beds
4,500sqft
MultiFamily
Built in ----
-- sqft lot
$408,300 Zestimate®
$100/sqft
$1,045 Estimated rent
Home value
$408,300
$363,000 - $457,000
$1,045/mo
Zestimate® history
Owner options
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$1,045/mo
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$1,045/mo
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$2,720/mo
Est. payment
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$2,720/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Basement: Finished
Interior area
- Total interior livable area: 4,500 sqft
Property
Lot
- Size: 0.8 Acres
Details
- Parcel number: 34C0207
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Community & HOA
Location
- Region: Campbellsville
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $240,000
- Annual tax amount: $2,356
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $450,000-14.3%$100/sqft |
Source: Public Record Report a problem | ||
| 8/15/2024 | Pending sale | $525,000$117/sqft |
Source: Owner Report a problem | ||
| 8/13/2024 | Listed for sale | $525,000$117/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,356 -3.4% | $240,000 |
| 2023 | $2,440 +36.2% | $240,000 +38.3% |
| 2022 | $1,791 +0.4% | $173,500 |
| 2021 | $1,784 -2.2% | $173,500 |
| 2020 | $1,824 -0.2% | $173,500 |
| 2019 | $1,828 +1.8% | $173,500 |
| 2018 | $1,796 +2.2% | $173,500 |
| 2017 | $1,757 +2.5% | $173,500 |
| 2016 | $1,714 +0.5% | $173,500 |
| 2015 | $1,706 +2.2% | $173,500 |
| 2014 | $1,669 | $173,500 |
Find assessor info on the county website
Neighborhood: 42718
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Nearby schools
GreatSchools rating
- NATaylor County Primary CenterGrades: PK-2Distance: 1.9 mi
- 5/10Taylor County Middle SchoolGrades: 6-8Distance: 1.9 mi
- 8/10Taylor County High SchoolGrades: 9-12Distance: 0.8 mi
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- Kentucky
- Taylor County
- Campbellsville
- 42718
- 211 Arbor Ln