Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of the Silver Creek Apartments located in Louisville, Kentucky. The 2020-build boutique luxury apartment community features 24 units with high-end, condo-quality finishes. Each unit includes two-bedrooms, two-bathrooms, in-unit washer/dryers, fully equipped kitchens with Samsung stainless steel appliances, and private patios and balconies. With occupancy and collections near 100 percent throughout 2025, Silver Creek offers a compelling opportunity to acquire a well maintained, six year old asset with clear rental and other income upside. The consistently high occupancy strongly indicates that current rents are positioned below market, creating room for immediate revenue growth. Based on nearby rent comps, 2-Bedroom rents average $1,501 per month which is approximately 16.4 percent higher than Silver Creek’s average rent of $1,288 per month, suggesting a supportive case for significant rental upside. Located in the coveted Jeffersontown “J town” neighborhood of Louisville’s affluent east end, Silver Creek benefits from its position within one of the metro’s most desirable suburban pockets. J town blends small town charm with big city convenience, offering residents a strong amenity base that includes numerous parks, restaurants, and community events. Jeffersontown is also home to the Bluegrass Commerce Park—one of Kentucky’s largest employment hubs with over 1,500 businesses and 35,000 jobs—providing a stable economic foundation and reducing resident commute times.