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$ 2,500,000
Est. payment | /mo
21,900 SqFt
$ 2,500,000
Est. payment | /mo
21,900 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 21,900 sqft
Price per Sqft $114
MLS Listing ID 1701979
HOA Y/N No
Abv Grd Liv Area 21,900
Year Built 1970
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 21900
Property Description
This offering includes 601 Revolutionary Road and 7602 Garrison Road
This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Location
State KY
County Jefferson
Direction Off National Turnpike
Interior
Heating Forced Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Structure Type Brick
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Listed by PRG Commercial Property Advisors
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