800 Minette Cir - Apartments FOR SALE


Louisville, KY 40258- Valley Station | 
$9,600,000 USD
502-432-2981
800 Minette Cir, Louisville, KY for Sale
$9,600,000 USD
Apartments - FOR SALE
1/3
null | 6.03% Cap Rate

800 Minette Cir
Louisville, KY 40258
Valley Station


HIGHLIGHTS

  • Located in the Desirable Pleasure Ridge Park and Valley Station Submarkets.
  • Convenient Access to Shopping, Dining, Public Transportation, and Major Roadways.
  • Spacious Two-Bedroom Apartment Homes Offering Affordable Living.
  • Positioned Near Downtown Louisville, Louisville Muhammad Ali International Airport, and Key Employment Centers.

OVERVIEW

Marcus & Millichap is pleased to present the investment opportunity located at 800 Minette Circle in Louisville, Kentucky. The residential apartment community is strategically positioned within the highly desirable Pleasure Ridge Park and Valley Station submarkets of Jefferson County. As a result, the property benefits from a convenient location surrounded by a wide array of shopping centers, restaurants, and everyday services, providing residents with easy access to essential amenities. Additionally, the community is well-positioned near public transportation routes and major roadways, allowing for efficient connectivity throughout the Louisville metropolitan area. Residents enjoy the advantage of being just a short drive from Downtown Louisville and Louisville Muhammad Ali International Airport, further enhancing the property’s appeal. The community offers spacious two-bedroom apartment homes designed to provide comfortable, affordable living accommodations for residents in one of southwest Louisville’s most accessible residential corridors. Furthermore, the surrounding neighborhood provides a stable environment with strong access to employment centers, retail destinations, and regional transportation infrastructure. With continued demand for quality workforce housing in the Louisville market, this apartment community is well-positioned to attract and retain residents seeking comfortable apartment living in southwest Louisville while offering investors the potential for stable occupancy and long-term value.

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

124

PRICE/UNIT

$77,419

CAP RATE

6.03%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

200

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,463 SF

ZONING

R-2

APN/PARCEL ID

112803940000,112803950000

ASK ABOUT THIS PROPERTY

David BadgettMarcus & MillichapMore Info
502-432-2981

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David BadgettMarcus & MillichapMore Info
502-432-2981

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