Multifamily Property for Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Louisville, KY 40229

Description

Marcus & Millichap is pleased to present Preston Gardens Apartments, a modern multifamily community located in the southern Louisville metro area along the Preston Highway corridor, one of the region’s most active residential and commercial growth corridors. Offering well-designed one- and two-bedroom apartment homes in a walkable community. Built in 2014, the property consists of 96 units across three-story residential buildings and features contemporary finishes, spacious layouts, and a quiet residential setting just minutes from major employment centers and retail amenities. The community features four floor plans ranging from approximately 754 to 1,131 square feet, delivering spacious layouts with modern interior finishes. Apartments include nine-foot ceilings, walk-in closets, black appliances, full size washer and dryers in their own laundry room, vinyl and carpet flooring, and private patios or balconies, creating an attractive living environment for residents seeking both comfort and functionality. Residents also benefit from a variety of on-site amenities that include a fitness center, pet-friendly environment with dog park, outdoor BBQ area, package receiving services, 21 detached garages, and professional on-site management. These amenities, combined with modern finishes and efficient floor plans, position Preston Gardens as a desirable rental option within the explosive south Louisville market. Situated off Preston Highway in the Hillview/South Louisville area, the property enjoys a tucked-away residential setting while maintaining strong connectivity to major transportation corridors and employment hubs. The community is located within close proximity to Interstate 65 and Interstate 264, allowing convenient access to Downtown Louisville, surrounding suburban communities, and the broader regional economy. The area features a strong mix of retail, service businesses, and residential neighborhoods, with numerous shopping centers, restaurants, and everyday

Market Context

This multifamily in Louisville, KY is listed for sale. It has been on the market for 89 days. Compare it against other multifamily listings for sale in Louisville, KY — <a href="/search/sale/multifamily/kentucky/louisville">view the full market</a>.

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