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Heritage Hill and Shelby Crossing
201 Heritage Hill Way, Louisville, KY 40223
163 Units | Multifamily
Top, Heritage Hill. Bottom, Shelby Crossing.
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 146,610 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Listing ID
- Last Updated
- over 1 year ago
OFFERS DUE ON JUNE 14, 2011
CBRE has been retained as the exclusive investment advisor in the sale of Shelby Crossing and Heritage Hill Apartments, a 253-unit portfolio very well-located in Louisville, Kentucky. Heritage Hill and Shelby Crossing present the unique opportunity to acquire two stabilized, value-add communities in a high barrier-to-entry, A grade infill location on the affluent east-end of Louisville. The properties have been well-maintained and managed; however, there are numerous value-add opportunities to be considered to better position the properties to compete with newer nearby competition at higher rents.
Heritage Hill and Shelby Crossing can be acquired as a portfolio or individually. Portfolio offers should include individual asset allocations.
Heritage Hill is being offered with the existing debt. Alternatively it can be pre-paid at Purchaser' s expense. Shelby Crossing is free and clear.
The properties, located within one-mile of each other, are less than three miles from Louisville' s finest shopping, dining, and entertainment options and one of Louisville' s largest concentrations of white-collar employment centers.
Map of 201 Heritage Hill Way, Louisville, KY 40223 (Jefferson County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO