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Garden-Style Apartment Community
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111 Erie Ct, Shepherdsville, KY 40165

138-unit garden-style apartment community with 103 renovated units and 98.6% occupancy.

Property SizeContact for details
Days on Market183

Property Features for 111 Erie Ct

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1999
Units 138
Listing Agency: Northmarq - Nashville
Listed By: Adam Klenk · License #TN
Source: Crexi
Added: Mar 9 Changed: Aug 16 Last Checked: Sep 7 at 10:11AM

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 Northmarq - Nashville

Investment Insights

Based on property information with market context.

Lakeview Gardens is a 138-unit garden-style apartment community being offered for sale in Shepherdsville, Kentucky. Of the total homes, 103 units have already been renovated, with 35 units remaining. Current reported occupancy is 98.6%, and the property has maintained 95%+ occupancy over the last 2–3 years.

The community benefits from convenient access to Interstate 65, supporting connectivity to employment hubs across the Louisville MSA. The broader Shepherdsville area has experienced a 6.33% population increase since 2020, with additional growth expected in 2026.

This property offers an existing, stabilized operating base with completed renovations in most units, alongside additional interior and exterior upgrade opportunity for the remaining homes and grounds.

Key Highlights

  • 138‑unit garden‑style apartment community in the Louisville MSA (Shepherdsville, KY), built in 1999
  • 103 of 138 units are already renovated; 35 additional units are available for continued renovation updates
  • Current occupancy is 98.6%, with occupancy at 95%+ for the last 2–3 years

Property Analytics

Current Use

Lakeview Garden Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Garden Center Carpet & Flooring Store Daycare Center Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 138-unit garden-style apartment community with 103 renovated units and 98.6% occupancy.
Where is this apartment building located?
The property is located at 111 Erie Ct Shepherdsville, KY.
What are key features of this property?
This property features: 138‑unit garden‑style apartment community in the Louisville MSA (Shepherdsville, KY), built in 1999; 103 of 138 units are already renovated; 35 additional units are available for continued renovation updates; Current occupancy is 98.6%, with occupancy at 95%+ for the last 2–3 years
More about this property
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