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Apartment Building Portfolio
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2808 Browns Drive, Henderson, KY 42420

Multifamily investment property comprising apartment buildings in an established Henderson setting.

Property Size139,980 SF
Price / SF$113.23
Days on Market132

Property Features for 2808 Browns Drive

General Information

Standard status Active
Size 139,980 SF
Property subtype Multifamily
Occupancy 96%
Net Operating Income $1,003,739

Building Details

Year Built 1973
Stories 2
Units 183
Listing Agency: Marcus & Millichap - Louisville
Listed By: David Badgett · License #215224
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 31 at 2:19AM

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 - Louisville

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises apartment buildings totaling 139,980 square feet. The improvements were constructed in 1973, providing an established apartment asset with a substantial overall footprint.

The property is located at 2808 Browns Drive in Henderson, Kentucky, within the 42420 ZIP code. The offering is presented as a portfolio of apartment buildings rather than a single residential income property.

Key Highlights

  • 139,980‑square‑foot apartment building portfolio
  • Improvements constructed in 1973
  • Located at 2808 Browns Drive, Henderson, KY 42420

Property Analytics

Current Use

Walkers cleaning Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Building Supply Nail 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.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 42420, KY

37,664
Population
17,316
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
191.6 sq mi
ZIP Area
197
Density / Sq Mi
$56,661
Median Household Income
$39,168
Median Earnings
$792
Median Rent
$164,800
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 investment property comprising apartment buildings in an established Henderson setting.
Where is this apartment building located?
The property is located at 2808 Browns Drive Henderson, KY.
What is the asking price?
The asking price for this property is $15,850,000.
What are key features of this property?
This property features: 139,980‑square‑foot apartment building portfolio; Improvements constructed in 1973; Located at 2808 Browns Drive, Henderson, KY 42420
(502) 329-5900 Call to check price and availability
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