Jack Ford And Brian Underkofler Of Lightstone Acquire Industrial Asset From Viking Partners For $19.1M
6901 Riverport Drive
$19,100,000
$57/SF
Building Size
331,165 SF
Asset Type
Industrial
Closing
Oct 26, 2025
AI
The industrial asset located at 6901 Riverport Drive in Louisville, KY was sold for $19,100,000. The total area of the property is 331,165 square feet, resulting in a price per square foot of $57.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19,100,000
- Address: 6901 Riverport Drive
- Market: Louisville, KY
- Buyer: Jack Ford & Brian Underkofler - Lightstone
- Seller: Viking Partners
- Broker: Alex Davenport - Colliers
Jack Ford and Brian Underkofler represented Lightstone in the acquisition of the property, while Viking Partners was the selling entity in this transaction. The deal was brokered by Alex Davenport from Colliers, who facilitated the negotiation between the parties involved.
Players
Louisville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93