For Sale
$11,100,000

4132 Flintlock Dr Louisville, KY 40216

148-unit apartment complex, prime investment

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 148-unit apartment building located in the Shively community of Louisville, Kentucky. The property, known as Flintlock Arms, comprises two addresses: 4132 Flintlock Dr and 5407 Carnae Ct, both situated in Jefferson County, KY, zip code 40216. Built in 1968/1969, this two-story Class C multifamily property boasts a total of 57,828 square feet on a 72,200 square foot lot. The asking price is $11,100,000, translating to $191.95 per square foot. The property is zoned OR2, offering significant potential for future development. With 148 units, this well-established complex presents a substantial investment opportunity in a thriving market. Louisville's strong rental market makes this a particularly attractive proposition for investors seeking long-term growth and stability. The property's size and location within the Shively community provide a solid foundation for a successful investment strategy. This is a rare chance to acquire a significant multifamily asset in a high-demand area. The property's substantial size and established tenant base offer immediate cash flow potential and significant upside for future value appreciation. This is an ideal opportunity for investors seeking to capitalize on the robust Louisville, KY multifamily market.

Highlights

  • Louisville, KY boasts #1 US apartment rent growth (Costar 2024).
  • 148-unit multifamily property.
  • OR2 zoning.
  • Situated in the Shively neighborhood.

Property Details for 4132 Flintlock Dr

Property type
Apartment buildings
Square Feet
57,828 SF
Class
C
Year Built
1968
Stories
2
Units
148

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1600453
Longitude
-85.8346644

FAQs

What type of property is this?
Apartment building - 148-unit apartment complex, prime investment
Where is the apartment building located?
The property is located at 4132 Flintlock Dr Louisville, KY.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: Louisville, KY boasts #1 US apartment rent growth (Costar 2024).; 148-unit multifamily property.; OR2 zoning.
How can I contact the broker?
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4132 Flintlock Dr
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