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836-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

207 Jason Dr, Paducah, KY 42003

Multifamily portfolio spanning Paducah and Murray with centralized operations and 93% occupancy.

Property SizeContact for details
Days on Market143

Property Features for 207 Jason Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 93%
Net Operating Income $3,600,000

Additional Details

Multifamily Units 836

Building Details

Buildings 16
Listing Agency: Capstone Apartment Partners Nashville
Listed By: Jordan Arand · License #OK
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 30 at 7:48PM

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 Capstone Apartment Partners Nashville

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 16 properties and 836 apartment units across Paducah and Murray in Western Kentucky. The assets are currently 93% occupied and operate under a centralized management structure, providing a coordinated platform across the portfolio.

The portfolio combines scale with geographic concentration in two established Western Kentucky communities. Operating expenses are budgeted at approximately 40% of effective gross income, and the properties are being offered with in-place rents and existing operations in place.

Key Highlights

  • 16‑property multifamily portfolio containing 836 apartment units
  • Located across Paducah and Murray, Kentucky
  • 93% current occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical 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

836
Residential units
93%
Occupancy

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Demographics for 42003, KY

28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
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 - Multifamily portfolio spanning Paducah and Murray with centralized operations and 93% occupancy.
Where is this apartment building located?
The property is located at 207 Jason Dr Paducah, KY.
What are key features of this property?
This property features: 16‑property multifamily portfolio containing 836 apartment units; Located across Paducah and Murray, Kentucky; 93% current occupancy
More about this property
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