162 Thierman Ln - Apartments FOR SALE


Louisville, KY 40207- S Outer St Matthews/Lyndon
$525,000 USD
502-645-1729
162 Thierman Ln, Louisville, KY for Sale
$525,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

162 Thierman Ln
Louisville, KY 40207
S Outer St Matthews/Lyndon


HIGHLIGHTS

  • Premier location proximate to high-end retail and well-established neighborhoods
  • 2 BR/1BA value-add opportunity
  • Located in St. Matthews near Shelbyville Road
  • Separately-metered LG&E

OVERVIEW

Situated in the heart of St. Matthews, this rare multifamily opportunity benefits from one of the most desirable infill locations in the city. Offered by an estate, the property will be delivered with three of four units vacant—providing immediate upside for investors to implement a value-add strategy and lease at market rates. The asset features well-designed 2-bedroom, 1-bath units and is separately metered for LG&E, ensuring operational efficiency. A full basement contains washer/dryer hookups for tenants. Ideally positioned between Shelbyville Road and Westport Road, the property benefits from close proximity to premier retail corridors and established single-family neighborhoods. Opportunities of this caliber are exceedingly rare—combining a trophy location with significant value-add potential.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

16

PRICE/UNIT

$32,813

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,883 SF

ZONING

R7-RESIDEN

APN/PARCEL ID

002002260000

ASK ABOUT THIS PROPERTY

Jenny JohnstonColliersMore Info
502-645-1729

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Jenny JohnstonColliersMore Info
502-645-1729

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.