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108-Unit Apartment Community
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100 Pk Crst Ct, Richmond, KY 40475

The community combines one- and two-bedroom residences in a multifamily setting.

Property Size89,400 SF
Days on Market15

Property Features for 100 Pk Crst Ct

General Information

Standard status Active
Size 89,400 SF
Property subtype Investment
Zoning B-3

Units

Unit Mix 60 x 1BR, 48 x 2BR
Multifamily Units 108

Additional Details

Highway Access Yes

Building Details

Year Built 2022
Listing Agency: VanWingerden Real Estate Advisors, LLC
Listed By: Tim VanWingerden
Source: Kcrea.resimplifi
Added: Oct 2 Changed: Oct 13 Last Checked: Oct 14 at 7:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VanWingerden Real Estate Advisors, LLC

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Investment Insights

Based on property information with market context.

This 108-unit apartment property was completed in 2022 and is configured with 60 one-bedroom apartments and 48 two-bedroom apartments. The community has new roofs and occupancy above 90%. It is zoned B-3.

Richmond is approximately 3.3 miles from Eastern Kentucky University, which has more than 15,000 students and nearly 2,500 faculty and staff. The property information also notes access to Lexington via I-75.

Key Highlights

  • 108 apartments: 60 one‑bedroom units and 48 two‑bedroom units
  • Completed in 2022
  • Occupancy above 90%

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Nail Salon Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

108
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The community combines one- and two-bedroom residences in a multifamily setting.
Where is this apartment building located?
The property is located at 100 Pk Crst Ct Richmond, KY.
What are key features of this property?
This property features: 108 apartments: 60 one‑bedroom units and 48 two‑bedroom units; Completed in 2022; Occupancy above 90%
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