704-840-5460
, Louisville, KY for Sale
Multi-Family - FOR SALE
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St. Matts 66 Unit Multifamily Portfolio
Louisville, KY
Plymouth Village


HIGHLIGHTS

  • 66-unit multifamily portfolio across four well-located St. Matthews properties
  • Significant value-add potential, with in-place rents approximately 28% below current market rates
  • Immediate lease-up opportunity with 11 vacant units, plus flexibility to purchase individually or as a portfolio

OVERVIEW

With 11 of the 66 units currently vacant (17%), the portfolio provides an immediate opportunity to capture additional income through lease-up. The investment also presents a significant mark-to-market opportunity, with blended in-place rents approximately 28% below current market rents and approximately 20% below the high-water mark at the individual properties. Combined, the existing vacancy and substantial rental rate discount provide a clear path to meaningful NOI growth and enhanced asset value. Properties may be purchased individually or as a portfolio. Please contact the Listing Agents for additional details. Properties: Plymouth Village Apartments (24 Units; 2BR / 1.5BA) - 610-620 Breckenridge Lane Church Way Apartments (17 Units; 1BR / 1BA) - 4219-4221 N. Church way Grandview Apartments (17 Units; 2BR / 1BA) - 3815 Grandview Avenue Nanz Avenue Apartments (8 Units; 2BR / 1BA) - 3814-3816 Nanz Avenue

ASK ABOUT THIS PROPERTY

Chapman SilanderHoagland CommercialMore Info
704-840-5460

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Chapman SilanderHoagland CommercialMore Info
704-840-5460

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