Multifamily Property for Sale in Henderson, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Henderson, KY 42420

Description

Marcus & Millichap is pleased to present the multifamily investment portfolio located in Henderson, Kentucky. The portfolio consists of 183 units across the following properties: 2808 Browns Drive, Henderson KY 42420 1750 N Green Street, Henderson, KY 42420 2345 Green River Road, Henderson, KY 42420 1818 N Elm Street, Henderson, KY 42420 2425 N Park Drive, Henderson, KY 42420 701 Cherry Street, Henderson, KY 42420 The portfolio offers investors a diversified rent profile, efficient operational scale, and a strong combination of in-place yield paired with scalable value-add opportunities. As a result, potential investors have an opportunity to acquire a portfolio supporting durable cash flow and systematic value creation potential in the dynamic Henderson market. Overall, investors are well positioned to capitalize on both the existing income stream and the long-term upside available within this Henderson multifamily portfolio. Investment Highlights: • Multifamily Portfolio Comprised of 183-Units Across Six Properties in Henderson, Kentucky • Diversified Rent Profile Providing Stable and Resilient Income Streams • In-Place Cash Flow with Scalable Value-Add Opportunities for Future Growth

Market Context

This multifamily in Henderson, KY is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 52 days. Compare it against other multifamily listings for sale in Henderson, KY — <a href="/search/sale/multifamily/kentucky/henderson">view the full market</a>.

As of Q1 2026, the Las Vegas multifamily market showed average asking rents near $1457.00/unit/mo, and cap rates around 5.5%. Source: Consensus Q1 2026 market report.

Its 6.3% asking cap rate is above the Las Vegas multifamily market average of about 5.5%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Las Vegas?
About 5.5% as of Q1 2026, per Consensus.

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