1409 Huntington Ln, Louisville, KY 40219

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Building Details:

1409 Huntington Ln is located in Louisville, KY.

Huntington Lane Apartments in Louisville, KY. This multifamily property is comprised of 2BR 1BA units and is located in South Louisville. These all-brick buildings are well-located in a high demand area that has easy access to bus lines, major thoroughfares, employments centers and other commercial uses. The property has enjoyed very hands-on, detailed oriented management. The property is separately metered for gas and electric, and there is excellent upside in the rental rates. It enjoys historically high occupancy. This presents the opportunity for an investor looking to diversify into real estate, or an existing owner adding to their portfolio, to acquire a stable investment with excellent long term yield.

QUICK FACTS
-Address: 1409 Huntington Lane, Louisville, KY
-58 Units: All 2BR 1 BA units
-Separately metered for gas and electric; washer/dryer hookups in units
-Total Price $1,875,000

INVESTMENT HIGHLIGHTS
-Solid Market Fundamentals: The Louisville market maintains excellent rent growth and occupancy
averages over 95%. Favorable interest rate environment yields excellent returns.

-Stable Investment in High Demand Location: The property is a well maintained asset with a solid tenant base. The location is a high demand area with easy access to major roadways, shopping and bus lines.

-Upside Potential: Upward mobility in rents achievable through minimal to no required property/unit upgrades