Multifamily
Nightingale Apartments
1447 Nightingale Rd, Louisville, KY 40213
Listing Price: $4,550,000
Investment Overview
Marcus & Millichap is pleased to present Nightingale Apartments located in Louisville, Kentucky. This 65-unit complex offers a variety of floorplans and a convenient location. Nightingale offers 12 one bed / one bath units just under 700 square-feet, and 52 two bed / one bath units at 966 square-feet. There is an additional three bed / one bath unit at 1,260 square-feet. Nightingale is located off the dense Poplar level road retail corridor, which is centrally located to employment and shopping destinations. Each building has a basement. The majority have free laundry machines for tenants usage. A few tenant assistance programs will pay much higher than current rents if seller pays electric on top of the water bill. On market rate tenants, seller pays water sewer trash.
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Listing Price: $4,550,000
Investment Highlights
- Convenient Location Next to Both I-65 and I-264
- Near Several Retail Centers
- Short Drive to Downtown Louisville
- Current Owner has Spent 500K,000+ in CapEx Expenses
Investment Overview
Marcus & Millichap is pleased to present Nightingale Apartments located in Louisville, Kentucky. This 65-unit complex offers a variety of floorplans and a convenient location. Nightingale offers 12 one bed / one bath units just under 700 square-feet, and 52 two bed / one bath units at 966 square-feet. There is an additional three bed / one bath unit at 1,260 square-feet. Nightingale is located off the dense Poplar level road retail corridor, which is centrally located to employment and shopping destinations. Each building has a basement. The majority have free laundry machines for tenants usage. A few tenant assistance programs will pay much higher than current rents if seller pays electric on top of the water bill. On market rate tenants, seller pays water sewer trash.
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