1900 Garrs Ln Shively, KY 40216
Hillview Manor, a lucrative multifamily investment opportunity, presents 58 apartment units spread across five buildings situated at 1900 Garrs Ln, Louisville, KY 40216, in Jefferson County. This established apartment complex boasts 54 one-bedroom and 34 two-bedroom units, offering a diverse range of housing options. Its prime location near the expressway and Dixie Highway ensures high occupancy rates due to convenient access to major transportation routes and amenities. The property's strong rental demand is evidenced by its consistently low vacancy rates. The asking price for this well-maintained complex is $7,390,000. This represents a significant investment opportunity in a thriving Kentucky market. The property's strategic location and proven track record of high occupancy make it an attractive prospect for investors seeking a stable and profitable addition to their portfolio. Further details regarding the financial performance and operational aspects of Hillview Manor are available upon request. This is a turnkey operation ready for immediate income generation. The property is well-maintained and presents a solid foundation for continued success. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.