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77-Unit Apartment Community
For Sale
Contact for pricing
Pending

4519 Broadleaf Dr, Louisville, KY 40216

Apartment community offering 77 units in the Pleasure Ridge Park submarket.

Property SizeContact for details
Days on Market124

Property Features for 4519 Broadleaf Dr

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 77
Listing Agency: Marcus & Millichap - Cincinnati
Listed By: Jordan Dickman · License #OH SAL.2014001272
Source: Crexi
Added: Apr 11 Changed: Aug 10 Last Checked: Aug 9 at 1:17PM

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 Marcus & Millichap - Cincinnati

Investment Insights

Based on property information with market context.

Broadleaf Arms is a 77-unit apartment complex in the Pleasure Ridge Park submarket. The property is being marketed for sale, and the current ownership has begun repositioning efforts intended to improve operating performance.

The offering is located at 4519 Broadleaf Dr in Louisville, Kentucky 40216. Public remarks note that the asset was purchased last year from long-term owners of 50+ years, and current ownership has started implementing changes to pursue greater bottom-line results, including rent increases, utility billbacks, and professional management.

The property’s stated configuration is a multi-unit apartment community with 77 units.

Key Highlights

  • 77‑unit apartment community in the Pleasure Ridge Park submarket
  • Professional management and rent/utility billback repositioning noted by current ownership

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Skin Care Clinic 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

77
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 40216, KY

43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
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 - Apartment community offering 77 units in the Pleasure Ridge Park submarket.
Where is this apartment building located?
The property is located at 4519 Broadleaf Dr Louisville, KY.
What are key features of this property?
This property features: 77‑unit apartment community in the Pleasure Ridge Park submarket; Professional management and rent/utility billback repositioning noted by current ownership
More about this property
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