252 Apartment Development, R6, 15 Plus Acres, Hillview/Mud Ln Area

Multi-Family for Sale
Catylist Listing ID: 30850190
Building Status: Proposed
Number of Units: 252 Units
Building Size (RSF): 313,266 SF
Gross Building Area: See Agent
Sale Price: $2,500,000
Unit Price: $9,920.63 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/28/2024

Overview / Comments

Don't miss this great opportunity to build 252 apartments in highly sought after area of Jefferson County. This property sits on a little over 15 acres, lays very nice and mostly flat with sewers right there for easy access. This is a great spot very close to Preston Hwy, Gene Snyder, and I-65. We believe this location would be ideal for residents who will work at the new battery plant in Elizabethtown, as well. This property has just been rezoned to R6 for up to 252 apartments and is priced to sell immediately. Bring all serious offers right now. Development plan is uploaded to the documents.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 009000400000
Zoning: R-6 - Residential Multi-Family District
Total Number of Buildings: 11
Number of Stories: 3
Parking Type: Surface
Parking Description: 420 spaces proposed (22 HC spaces included).
Zoning Description: Rezoned to R-6
Part of Planned Development?: Yes
Lot Frontage: See documents
Lot Depth: See documents
Water Service: Municipal
Sewer Type: Municipal
Easements Description: See documents
Legal Description: Tax Block 0090, Lot 0040

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,502 55,651 130,135
Median Age: 33.28 36.65 37.77
Households: 4,384 21,056 50,609

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