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Property profile & analytics
OFF-MARKET
Commercial real estate

1900 Garrs Ln Shively, KY 40216

Property ID
US34-2391959
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US34-2391959
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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