Investment Overview

The Kuroiwa Group of Marcus & Millichap is pleased to present the Jefferson Park Apartments. Located in Louisville, KY the offering consists of forty (40) market rate apartment homes, offered on an open-bid basis, free and clear of existing debt. Jefferson Park is being sold by the original developer who constructed the property in 2016 and has vast experience and specialties in civil engineering, architecture, and site planning design. Setting on approximately 2.91 acres, the property is comprised entirely of 2-Bedroom x 2-Bathroom units comprised entirely of large 2-bedroom / 2-bathroom units which average 1,156 square feet. The property also includes 10 detached garages on the premises available for lease to its tenants. Tenant and community amenities include private deck or patio for each unit, all electric utilities, detached garages or surface parking, kitchen island, black appliance package, ceiling fans, hard surface countertops, washer/dryer hookups, and over-sized closet space.

Investment Highlights

• New Vintage Asset in High Growth Market
• Superb Physical Condition
• Utility Reimbursement Opportunity
• Proven Rent Growth Potential