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398-Unit Affordable Housing Portfolio
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1485 Gene Wilson Blvd., Louisa, KY 41230

Multifamily portfolio with integrated management operations and participation in affordable housing programs.

Property SizeContact for details
Days on Market147

Property Features for 1485 Gene Wilson Blvd.

General Information

Standard status Active
Property subtype Retail, Multifamily

Additional Details

Business Included Yes
Multifamily Units 398
Listing Agency: Colliers
Listed By: Reed Weinberg · License #KY 60187
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:27AM

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 multifamily portfolio comprises 398 apartments across 17 properties in rural markets throughout Kentucky and West Virginia. Each asset operates through an affordable housing program, creating a consistent focus across the portfolio. The properties are maintained and managed by an owner-operated platform with an established management team and supporting infrastructure.

The transaction includes the management company serving the assets, along with its existing operating infrastructure and management fee income. USDA financing is already in place and may be assumable by the purchaser. The offering also includes properties located at 1485 Gene Wilson Blvd., Louisa, KY 41230.

Key Highlights

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

Property Analytics

Current Use

Bay Pointe Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

128
Businesses Nearby

Demographics for 41230, KY

12,670
Population
5,621
Households
2.3
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
231.9 sq mi
ZIP Area
55
Density / Sq Mi
$45,240
Median Household Income
$31,995
Median Earnings
$750
Median Rent
$110,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Multifamily portfolio with integrated management operations and participation in affordable housing programs.
Where is this apartment building located?
The property is located at 1485 Gene Wilson Blvd. Louisa, KY.
What are key features of this property?
This property features: 398 total apartments across 17 properties; Portfolio spans rural markets in Kentucky and West Virginia; Assets operate under various affordable housing programs
(502) 802-3516 Call to check price and availability
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