2512 Portland Ave - Apartments FOR SALE


Louisville, KY 40212- Portland
$1,900,000 USD
502-919-0726
2512 Portland Ave, Louisville, KY for Sale
$1,900,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

2512 Portland Ave
Louisville, KY 40212
Portland


HIGHLIGHTS

  • Fully Leased
  • New Construction
  • Quality Leases

OVERVIEW

Investment Highlights Fully leased mixed-use property with residential and commercial units New construction – all units, systems, and finishes are brand new Immediate cash flow with stabilized occupancy Low maintenance asset with minimal near-term CapEx Diversified income stream from residential and commercial tenants Located in an active urban corridor with continued neighborhood growth This is a rare opportunity to acquire a newly built, fully stabilized mixed-use asset in Louisville. The property is 100% occupied, providing investors with day-one income and reduced lease-up risk. Designed for modern tenants, the building features efficient layouts and contemporary systems throughout. With all major components new, this asset offers long-term durability and operational efficiency, making it ideal for investors seeking a hands-off, turnkey acquisition. The combination of residential and commercial tenancy supports consistent performance and long-term demand.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

9

PRICE/UNIT

$211,111

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,069 SF

ZONING

C2

APN/PARCEL ID

004C00860000

ASK ABOUT THIS PROPERTY

Scott HoweEOS Commercial Real EstateMore Info
502-919-0726

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Scott HoweEOS Commercial Real EstateMore Info
502-919-0726

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