615-861-9906
3130 Saint Anthony Gardens Dr, Louisville, KY for Sale
Apartments - FOR SALE
1/76
null | Request Cap Rate

3130 Saint Anthony Gardens Dr
Louisville, KY 40214
South Louisville


HIGHLIGHTS

  • ADJACENT DEVELOPMENT LAND
  • TARGETED AMENITY EXPANSION OPPORTUNITY
  • HEAVY-LIFT RENOVATION COMPLETED & DE-RISKED RENT GROWTH PROFILE
  • PROFESSIONAL MANAGEMENT & AMENITY-DRIVEN NOI GROWTH
  • PROXIMITY TO MAJOR EMPLOYMENT & INDUSTRIAL INVESTMENT DRIVERS

OVERVIEW

Saint Anthony Gardens presents a compelling opportunity to acquire a fully unit-interior-renovated, multifamily asset with continued upside through a targeted amenity enhancement program, including improvements to the fitness center, clubhouse and leasing office, and the addition a dog park and other outdoor amenities / grilling area to support increasing in-place rents to market-supported levels. Additional revenue upside remains through the implementation of 3rd party management/SEO, other Income competitor calibration, and addition of 2+ units where the leasing office is currently located. Additionally, the ability to develop a fully amenitized Phase 2 of 200+ units exists by purchasing the adjacent seller owned entitled development site.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

184

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. Anthony Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1994

PARKING SPACES

397

LAND DETAILS

LAND ACRES

6.8 AC

LAND SF

296,266 SF

ZONING

R-6

APN/PARCEL ID

103300990000,144400420000,144400520000

ASK ABOUT THIS PROPERTY

Adam KlenkNorthmarqMore Info
615-861-9906

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Adam KlenkNorthmarqMore Info
615-861-9906

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