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Kentucky

Louisville, KY 36M

Louisville
Multifamily 100+
Kentucky
$
36000000
Louisville
Description:
Details:

Breckinridge Square is a 294-unit apartment community situated in a sought-after and growing neighborhood within Louisville, KY.

The property is ideally situated adjacent to I-264 and within minutes of many of the MSA’s major employment hubs including both Norton Healthcare and Baptist Health hospitals. The area surrounding the asset is home to the Mall St. Matthews and Oxmoor Center, two of Louisville’s largest shopping and entertainment hubs.

Value Adds:

Rents Under Market

Miscellaneous:

Breckinridge Square benefits from a robust and growing tenant base with no new competition in the pipeline. The property is excellently maintained and presents significant proven upside opportunities, allowing a new owner to gain substantial returns without the burden of costly deferred maintenance. Breckinridge Square is available free and clear.

Average Unit Size:
1,130 SF
$1,137 Avg Rent

More details:

Kentucky
$
36000000
Louisville
CAP:
5.14%
Fee Paid By Buyer:
2%
NOI:
$1,849,518
Assumable Loan:
Seller Carry:
Doors:
294
Parking:
Price per Door:
$122,449
Keys:
Price per Key:
Assumable Amount:
Class:
Build Year:
1972
Reno Year:
2024
Buildings:
Stories:
Under Roof SF:
Lot SF:
Zoning:

Contact us

For inquiries, reach out to taylor@introsatscale.com

Office

Greensboro, NC