7302 Tiger Way | Louisville, KY 40291
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- LoopNet Team
7302 Tiger Way
Louisville, KY 40291
Beulah Creek Apartments · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Strong In-Place Yield Day-One Offered at 6% Cap Rate, Below Replacement Cost, with Revenue Upside.
- Opportunity to Implement Additional Revenue Stream via Bulk Internet Plan, Pest Control Fees, Insurance Fees, and Washer/Dryer Income.
- Rapidly Growing Market with Limited New Multifamily Supply – 2025 Completions Projected to Decline by 69% Compared to 2024 Completions.
PROPERTY FACTS
| No. Units | 36 | Building Size | 36,000 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2023 |
| Building Class | B | Parking Ratio | 1.81/1,000 SF |
| Lot Size | 4.38 AC | ||
| Zoning | R4 - Residential | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.38 AC |
| Building Size | 36,000 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | R4 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 18 | $1,295 | 1,000 |
| 2+2 | 18 | $1,269 | 1,000 |
PROPERTY TAXES
| Parcel Number | 063800470000 | Improvements Assessment | $4,707,870 |
| Land Assessment | $360,000 | Total Assessment | $5,067,870 |
PROPERTY TAXES
Parcel Number
063800470000
Land Assessment
$360,000
Improvements Assessment
$4,707,870
Total Assessment
$5,067,870
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