Multifamily
Hurstbourne Heights, Louisville, KY
7603 Downs Farm Place, Louisville, KY 40291
Listing Price: $14,750,000
Cap Rate
5.44%
Number of Units
84
GRM
10.48
Occupancy
97.0%
Price/Unit
$175,595
Price/Gross SF
$147.50
Gross SF
100,000
Investment Overview
2.7% Assumable 35-year loan.
Exclusively Listed By
Listing Price: $14,750,000
Cap Rate
5.44%
Number of Units
84
GRM
10.48
Occupancy
97.0%
Price/Unit
$175,595
Price/Gross SF
$147.50
Gross SF
100,000
Investment Highlights
- A 2.7% assumable 35-year loan makes this the best investment in a rising-interest-rate environment.
- 84-unit luxury apartment community built in 2019 composed of 1,2, and 3-bedroom units
- New on-site office.
Investment Overview
2.7% Assumable 35-year loan.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
