Louisville Multifamily Investment
3100 Orchard Manor Cir, Louisville, KY 40220
32-unit apartment community with immediate rental upside in Louisville, Kentucky.
Type:Multifamily
- Added:
- Feb 19, 2026
- Days on Market:
- 92
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3100 Orchard Manor Cir
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing agent Brian Devlin License #222755
Listing office The Kirkland Company
Listing date Feb 19, 2026
Source Crexi
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 The Kirkland Company
HighLights
- 100% Occupied Multifamily Community: Provides stable cash flow.
- Immediate Mark‑to‑Market Opportunity: Current rents are below market value.
- Minimal Deferred Capital Needs: Focus on operations, not construction.
- Uniform Two‑Bedroom Floorplan: Simplifies management.
- Strong Occupancy and Predictable Operating Performance: Indicates durable demand.
- Easily Manageable Investment: Suited for local and out‑of‑market investors.
Overview
Orchard Manor is a 32-unit multifamily community in Louisville, Kentucky, currently 100% occupied. The property offers stable in-place cash flow with potential rental upside. The property features a uniform two-bedroom floorplan averaging approximately 900 square feet. Current average in-place rents are $1,192, compared to recent leases averaging $1,280 and asking rents near $1,300. The asset provides workforce housing demand supported by strong occupancy and predictable operating performance. With minimal deferred capital needs and consistent leasing velocity, new ownership can focus primarily on operational execution and rent normalization. The property’s unit mix and efficient layout create an easily manageable investment suited for both local operators and out-of-market investors seeking reliable yield. Orchard Manor offers a balance of stability and growth with dependable day-one income paired with a clear path to NOI expansion through natural lease rollover. This combination positions the opportunity as an attractive long-term hold or yield-focused acquisition in one of Louisville’s established residential corridors.
Property Profile
Location Intelligence
Current Use by Public Records
Orchard Manor Townhomes
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.6332198
- Latitude
- 38.2145845
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 32-unit apartment community with immediate rental upside in Louisville, Kentucky.
Where is this apartment building located?
The property is located at 3100 Orchard Manor Cir Louisville, KY.
What are key features of this property?
This property features: 100% Occupied Multifamily Community: Provides stable cash flow.; Immediate Mark‑to‑Market Opportunity: Current rents are below market value.; Minimal Deferred Capital Needs: Focus on operations, not construction.
