Search
398-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

1050 Hickory Hill Dr, Nicholasville, KY 40356

Multifamily portfolio spanning rural Kentucky and West Virginia markets with affordable housing program participation.

Property SizeContact for details
Days on Market142

Property Features for 1050 Hickory Hill Dr

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 398
Listing Agency: Colliers
Listed By: Reed Weinberg · License #KY 60187
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 3:10PM

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 Colliers

Investment Insights

Based on property information with market context.

This apartment portfolio includes 398 units distributed among 17 properties in rural markets across Kentucky and West Virginia. The assets operate through various affordable housing programs, creating a focused multifamily offering with a defined operating framework across multiple locations.

The transaction also includes the owner’s property management company, supporting infrastructure, and existing management operations. The properties are self-managed, with an established management team serving the portfolio. USDA financing is in place and described as assumable, adding an existing financing component to the offering.

Key Highlights

  • 398 apartments across 17 properties
  • Properties located in rural Kentucky and West Virginia markets
  • Assets operate under various affordable housing programs

Property Analytics

Current Use

Briarwick Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Nail Salon HVAC Service

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

398
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 40356, KY

44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily portfolio spanning rural Kentucky and West Virginia markets with affordable housing program participation.
Where is this apartment building located?
The property is located at 1050 Hickory Hill Dr Nicholasville, KY.
What are key features of this property?
This property features: 398 apartments across 17 properties; Properties located in rural Kentucky and West Virginia markets; Assets operate under various affordable housing programs
(502) 802-3516 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message