The Kirkland Company Brokers $18 Million Sale Of 128-Unit Multifamily Asset In Louisville

The transaction involved a multi-family asset located at 1031 Everett Avenue in Louisville, KY. The sale was completed for a total amount of $18 million, encompassing 128 units with a price per unit of $140,625. The property, built in 1966, offers various types of units including studio, one-, and two-bedroom options. Amenities featured at the complex include a pool, dog park, and coffee bar.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $18,000,000
• Units: 128
• Price Per Unit: $140,625
• Address: 1031 Everett Avenue
• Market: Louisville, KY

The Kirkland Company was instrumental in brokering this transaction with key brokers Brandon Wilson, Brian Devlin, and John Seale representing the interests in the deal. The Avenue in the Highlands, the property involved in the sale, is situated in Louisville's Highlands neighborhood.