2454 Grinstead Dr, Louisville, KY 40204

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Building Details:

• Year Built: 1948

2454 Grinstead Dr is located in Louisville, KY.

PRG Investments is pleased to offer this extremely rare, high quality trophy apartment asset in the one of Louisville’s most desirable neighborhoods. Located within the historic Cherokee Triangle, this well maintained 28 unit apartment property offers its residents the amenities of living in the heart of the Highlands, with close proximity to shopping, restaurants, Cherokee Park and the beautiful historic architecture of surrounding streets. This offering presents the opportunity for a buyer to invest in an asset that can't be replaced in an area that will never be duplicated. This leads to historically high occupancy and a consistently high quality tenant base. The long term ownership and many long term residents have led to upward mobility in rents. Several capital improvements have been performed throughout the years. The property achieves excellent exposure, enjoys a quiet courtyard setting and is located adjacent to Louisville Collegiate School. Enjoy unmatched appreciation and long term yield. This property is truly a trophy multi-family asset. Gross Annual Revenue $175,260.