Skip to main content

Multifamily

Eden Apartments

800 Minette Cir, Louisville, KY 40258

Listing Price: $11,000,000

Cap Rate
5.25%
Number of Units
124
Occupancy
91.0%
Price/Unit
$88,710
Price/Gross SF
$98.23
Gross SF
111,986

Investment Overview

Marcus and Millichap is pleased to present Eden Apartments. Eden is composed of 125 Two-Bedroom units located off the busy Dixie Highway retail corridor. It is within walking distance to major retail employers, and surrounded by dining and entertainment options. This value add property has only recently started renovating and raising rents to market. Sellers are offering a seller financing package to help that transition.

Investment Highlights

  • New flooring, paint, and cabinets in many units
  • All units have spacious eat in kitchens
  • Huge central office building with maintenance office and extra rooms

Exclusively Listed By

Financing By

Multifamily

Eden Apartments

Listing Price: $11,000,000

Cap Rate
5.25%
Number of Units
124
Occupancy
91.0%
Price/Unit
$88,710
Price/Gross SF
$98.23
Gross SF
111,986

Investment Highlights

  • New flooring, paint, and cabinets in many units
  • All units have spacious eat in kitchens
  • Huge central office building with maintenance office and extra rooms

Investment Overview

Marcus and Millichap is pleased to present Eden Apartments. Eden is composed of 125 Two-Bedroom units located off the busy Dixie Highway retail corridor. It is within walking distance to major retail employers, and surrounded by dining and entertainment options. This value add property has only recently started renovating and raising rents to market. Sellers are offering a seller financing package to help that transition.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower