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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 236-unit Blankenbaker Crossings apartment community located in Louisville, KY. This asset is strategically located at the Blankenbaker interchange, just one mile from I-64 and less than three miles from the I-64 and I-265 interchange. The property joins two of Louisville’s largest employment facilities, Blankenbaker Station Business Park and Bluegrass Commerce Park, with have a combined size of over 2K acres. Additionally, this close proximity to major arteries provides easy access to Downtown Louisville and Louisville’s Health District. The surrounding area boasts an average HHI of over $124K with expected growth of more than 15% by 2027. An abundance of retail is readily available to residents with over 6.3M SF in a three-mile radius.
Blankenbaker Crossings
236 Units
2515 Shining Water Drive
Louisville, KY  40299
Type:  Multifamily
Posted: 7/12/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Commercial Kentucky are excited to present the exclusive listing of Main & Clay, a 269-unit apartment community situated between the rapidly urbanizing East Market District and Butchertown District of downtown Louisville, Kentucky. Main & Clay is located in the path of growth as downtown continues its redevelopment spur along Market Street. The East Market District of downtown Louisville, known as NuLu, offers an eclectic blend of specialty retail, highly rated restaurants and breweries, nightlife and art exhibits and venues featuring regional and national artists. Future ownership will benefit from Louisville’s favorable growth projections, as well as the unique tax abatement that provides a notable cash flow boost.
Main & Clay
269 Units
637 E Main Street
Louisville, KY  40202
Type:  Multifamily
Posted: 7/19/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Skyview Commons apartments located in Jeffersontown, Jefferson County, KY. This community encompasses eight buildings that are dispersed across three property addresses, all within a 1.3 mile radius. Just 15 minutes from the heart of Louisville, Skyview Commons is strategically located near primary arteries, providing quick access to major employers including GE Appliance Park, UPS Worldport and Ford Assembly Plants. Additionally, the property lies adjacent to two major industrial parks, Bluegrass Commerce Park and Blankenbaker Station Business Park. The average household income of Jeffersontown is $98K, which demonstrates the affluence of the area as well as ample high-paying employment opportunities and white-collar jobs.
Skyview Commons
120 Units
9907 Grassland Drive
Jeffersontown, KY  40299
Posted: 7/11/2023
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit The Reserves of Thomas Glen apartment community located in Shepherdsville, Kentucky. The Reserves of Thomas Glen is advantageously located within the booming e-commerce and industrial network of Bullitt County. Strategically situated off a primary thoroughfare, the property benefits from regional connectivity and convenient access to Louisville’s largest metro employers, including the UPS Worldport, as well as the nearby employment hubs of Fort Knox and Elizabethtown. Neighboring Elizabethtown is experiencing explosive growth, most notably the $5.6B Ford/Blue Oval EV project, which is set to bring 5K jobs by 2025. An abundance of job opportunities, ideal submarket metrics and suburban atmosphere has led to increased demand in the Shepherdsville multifamily submarket. Please note, The Reserves of Thomas Glen must be acquired with the in-place loan. The current in-place loan is right-sized with a remaining balance of $18.2M and has 4 years of I/O remaining.
The Reserves of Thomas Glen
192 Units
123 Thomas Glen Drive
Shepherdsville, KY  40165
Posted: 7/1/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group and Commercial Kentucky, Inc. are pleased to present the exclusive listing of Valley Farms, a 288-unit apartment community located in Louisville, Jefferson County, Kentucky. The property’s strategic location in south Jefferson County provides residents with first class access to major employers and major job hubs including GE Appliance Park (8K+ Jobs), Ford Assembly Plant (13K+ Jobs), UPS Worldport (25K+ Jobs) and the new BlueOval SK battery plant (2.5K Jobs). Furthermore, the asset is adjacent to Louisville’s Riverport Authority, which is home to more than 120 companies and 6,500 jobs. Valley Farms is primed to benefit from Louisville’s impressive, estimated influx of 8K jobs in 2024, and minimal supply pipeline. Within 5 miles of the property, there has only been one delivery since 2022. Built in three phases, completed in 2007, 2009 and 2015, Valley Farms offers an outstanding opportunity to invest in an institutionally owned multifamily asset, perfectly positioned for value-add upside. New ownership can renovate 75% of the units and drive NOI for long term growth.
Valley Farms
288 Units
10200 Renaissance Valley Way
Louisville, KY  40272
Type:  Multifamily
Posted: 4/3/2024