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Multifamily

Lofts on Ormsby

512 W Ormsby Ave, Louisville, KY 40203

Listing Price: $10,000,000

Cap Rate
6.25%
Number of Units
128
GRM
8.88
Occupancy
95.0%
Price/Unit
$78,125
Price/Gross SF
$117.65
Gross SF
85,000

Investment Overview

This seven-story property offers a mix of studio and one-bedroom apartments, modernized with a heated swimming pool, new recreational rooms, a business center, high-speed internet access, secure entryways, and updated elevators.

Investment Highlights

  • Separate Gated Parking Lot, New Heated Swimming Pool, Luxurious Amenity Package
  • Near the University of Louisville and Downtown
  • Strong Occupancy with Rent Upside

Exclusively Listed By

Financing By

Multifamily

Lofts on Ormsby

Listing Price: $10,000,000

Cap Rate
6.25%
Number of Units
128
GRM
8.88
Occupancy
95.0%
Price/Unit
$78,125
Price/Gross SF
$117.65
Gross SF
85,000

Investment Highlights

  • Separate Gated Parking Lot, New Heated Swimming Pool, Luxurious Amenity Package
  • Near the University of Louisville and Downtown
  • Strong Occupancy with Rent Upside

Investment Overview

This seven-story property offers a mix of studio and one-bedroom apartments, modernized with a heated swimming pool, new recreational rooms, a business center, high-speed internet access, secure entryways, and updated elevators.

Exclusively Listed By

Financing By

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