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Multifamily

Zoeller Apartments

2812 Flora Ave, Louisville, KY 40220

Listing Price: $4,121,917

Cap Rate
6.00%
GRM
12.56
Occupancy
100.0%

Investment Overview

30 Apartment Units on 4 Parcels | All Units Have 2 Bedrooms and 2 Bathrooms, With a Primary Bath Attached to the Primary Bedroom | Located Within the "Top of the Highlands" of Bardstown Road Corridor Neighborhood, This Lively Neighborhood is the Original "Restaurant Row" in Louisville, KY

Investment Highlights

  • 30 Apartment Units on 4 Parcels | 100% Occupancy
  • All Units Have 2 Bedrooms and 2 Bathrooms, With a Primary Bath Attached to the Primary Bedroom
  • All Units Have Laundry Hookups | Brick Construction
  • Value-Add: Below Market Rents | Potential to Convert to Condominiums
  • Located Within the "Top of the Highlands" of Bardstown Road Corridor Neighborhood, This Lively Neighborhood is the Original "Restaurant Row" in Louisville
  • Easy Access to Interstate-264
  • Close Proximity to the University of Louisville – Student Enrollment of 23,043 in 2022
  • 2-Miles From Nationally-Recognized Retail Tenants: Costco, Lowes, Kroger, and Walmart

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Multifamily

Zoeller Apartments

Listing Price: $4,121,917

Cap Rate
6.00%
GRM
12.56
Occupancy
100.0%

Investment Highlights

  • 30 Apartment Units on 4 Parcels | 100% Occupancy
  • All Units Have 2 Bedrooms and 2 Bathrooms, With a Primary Bath Attached to the Primary Bedroom
  • All Units Have Laundry Hookups | Brick Construction
  • Value-Add: Below Market Rents | Potential to Convert to Condominiums
  • Located Within the "Top of the Highlands" of Bardstown Road Corridor Neighborhood, This Lively Neighborhood is the Original "Restaurant Row" in Louisville
  • Easy Access to Interstate-264
  • Close Proximity to the University of Louisville – Student Enrollment of 23,043 in 2022
  • 2-Miles From Nationally-Recognized Retail Tenants: Costco, Lowes, Kroger, and Walmart

Investment Overview

30 Apartment Units on 4 Parcels | All Units Have 2 Bedrooms and 2 Bathrooms, With a Primary Bath Attached to the Primary Bedroom | Located Within the "Top of the Highlands" of Bardstown Road Corridor Neighborhood, This Lively Neighborhood is the Original "Restaurant Row" in Louisville, KY

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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