4219-4221 N Church Way - Apartments FOR SALE


Louisville, KY 40207- S Outer St Matthews/Lyndon
$2,040,000 USD
704-840-5460
4219-4221 N Church Way, Louisville, KY for Sale
$2,040,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

4219-4221 N Church Way
Louisville, KY 40207
S Outer St Matthews/Lyndon


OVERVIEW

Hoagland Commercial is pleased to exclusively present a 17-unit multifamily investment opportunity located in the heart of St. Matthews, one of Louisville's most desirable and consistently high-performing apartment submarkets. This value-add asset offers investors the opportunity to unlock meaningful upside through strategic improvements and operational enhancements while benefiting from the area's historically strong occupancy, limited apartment supply, and sustained rental demand. Currently, seven of the property's 17 units are vacant, providing investors with an immediate opportunity to lease the units at market rental rates and realize meaningful near-term NOI growth. Positioned in a premier infill location with convenient access to major employment centers, retail, dining, and healthcare, the property represents an attractive opportunity for both local and out-of-market investors seeking long-term appreciation and increased cash flow. Contact the Listing Agents for additional details or to schedule a showing.

FOR SALE DETAILS

PRICE

$2,040,000 USD

PRICE/SF

$118 USD /SF

# OF UNITS

24

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Church Way Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1969

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

OR3-OFFICE

APN/PARCEL ID

053400220000

ASK ABOUT THIS PROPERTY

Chapman SilanderHoagland Commercial RealtorsMore Info
704-840-5460

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Chapman SilanderHoagland Commercial RealtorsMore Info
704-840-5460

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