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Senior Apartment Building
For Sale
Contact for pricing
Pending

108 Richmond Green Dr, Richmond, KY 40475

Established housing asset serving seniors, with affordable housing requirements in place through 2028.

Property SizeContact for details
Days on Market484

Property Features for 108 Richmond Green Dr

General Information

Standard status Pending
Class B
Property subtype Multifamily

Building Details

Year Built 1998
Buildings 10
Stories 1
Units 60
Tenancy Multi
Listing Agency: SVN | OAK Realty Advisors
Listed By: Garrett Huie · License #181041
Source: Crexi
Added: May 6, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:18PM

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 SVN | OAK Realty Advisors

Investment Insights

Based on property information with market context.

Richmond Green is a senior-oriented apartment property at 108 Richmond Green Dr in Richmond, Kentucky. The asset was built in 1998 and carries a LIHTC designation, with affordable housing requirements identified through 2028.

The property sits west of the Blue Grass Army Depot in Richmond, a Kentucky city described in the source information as the state’s seventh largest. Its address places the community within the Richmond market while retaining a specific connection to the nearby military installation.

Key Highlights

  • Senior apartment property at 108 Richmond Green Dr, Richmond, KY 40475
  • Built in 1998
  • LIHTC property designation

Property Analytics

Current Use

Richmond Green Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Restaurant Nail Salon Furniture & Home Goods

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

304
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

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 - Established housing asset serving seniors, with affordable housing requirements in place through 2028.
Where is this apartment building located?
The property is located at 108 Richmond Green Dr Richmond, KY.
What are key features of this property?
This property features: Senior apartment property at 108 Richmond Green Dr, Richmond, KY 40475; Built in 1998; LIHTC property designation
(918) 850-1779 Call to check price and availability
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