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200 N Hill-N-Dale Street

200 N Hill-N-Dale Street, Danville, KY 40422

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Overview

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. 

Property Highlights:

  • Ample paved parking providing off-street parking for all units
  • Abundant green space
  • Ideally located minutes from Centre College, retail centers, and downtown Danville
  • Recent plumbing upgrades
  • Washer/Dryer hookups available in certain units

Unit Features:

  • One bedroom, One bathroom units – 750 square feet
  • Washer/Dryer hookups available in the one bedroom units
  • Two bedroom, One bathroom units – 900 square feet
  • LVT and carpet flooring
  • Separate dining and living room areas

For Sale

Multifamily
Investment

Secondary Uses: Low Rise

Sale Price
$3,250,000
Price Per SF
$100.1/SF
Cap Rate
6.3%
Building Size
32,460 SF
Acres
2.35 ac
Zoning
R-1C
Zoning Description
Residential
Net Operating Income
$204,750
Floors
2
Year Built
1975
Tax ID Number
D10-001-050
Average Occupancy Rate
97.5%
Total Units
40
County
Boyle
Created
01/08/2026
Updated
01/09/2026
Listing ID
fb26ea37
Parcel APN
D10-001-049