Listing Agency: Colliers

Listed By: Taylor Thompson · License #276443 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:04PM

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Investment Insights

Based on property information with market context.

This 14-unit apartment property includes a mix of one- and two-bedroom residences. Gas and electric service are paid directly by tenants, providing a clearly defined utility arrangement for the building.

The property is located at 4516 Broadleaf Dr in Louisville, Kentucky, one block from retail and commercial businesses along Cane Run Road. Riverport industrial park is also nearby, placing the apartments close to an identified employment center.

Key Highlights

• 14‑unit apartment property
• Mix of 1- and 2‑bedroom apartments
• Tenants pay their own gas and electric

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Skin Care Clinic HVAC 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

14

Residential units

Location Intelligence

Trade Area within ½ mile

302

Businesses Nearby

Explore this area Business Placement

Demographics for 40216, KY

43,434

Population

19,257

Households

2.3

Avg Household Size

40

Median Age

14%

College-Educated

87%

High-School Grad

15.7 sq mi

ZIP Area

2,766

Density / Sq Mi

$50,211

Median Household Income

$35,503

Median Earnings

$883

Median Rent

$154,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - One- and two-bedroom floor plans with tenant-paid gas and electric service.

Where is this apartment building located?

The property is located at 4516 Broadleaf Dr Louisville, KY.

What are key features of this property?

This property features: 14‑unit apartment property; Mix of 1- and 2‑bedroom apartments; Tenants pay their own gas and electric