Marcus & Millichap is pleased to present Norbrook Arms Apartments, a compelling 94-unit multifamily community located at 4300 Norbrook Drive in Louisville, Kentucky. Built in 1971, the property consists of approximately 51,420 square feet of gross building area across five residential buildings. The community is comprised of 71 one-bedroom and 23 two-bedroom units, and is strategically located in the Buechel submarket off Bardstown Road—one of Louisville's most accessible and established rental corridors. The Buechel submarket continues to demonstrate resilient workforce housing demand supported by affordability and limited new competing supply. With in-place rents meaningfully below market averages and Louisville multifamily fundamentals strengthening, the property offers investors a stable cash-flowing asset with clear value-add upside through a targeted unit renovation program. The diversified unit mix, affordable price point, and lack of direct new competition positions Norbrook Arms as a low-risk, high-retention asset well-suited for a long-term hold or value-add execution strategy.