South Carolina Investor Purchases 84-Unit Multifamily Property In Louisville For $13.35M

The property involved in this transaction is an 84-unit multifamily apartment complex located at 7603 Downs Farm Way in Louisville, KY. The asset was sold for a price of $13,350,000, with a per unit price of $158,929. The total square footage of the property is 73,752, translating to a price per square foot of $181.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,350,000
• Units: 84
• Square Feet: 73,752
• Price Per Unit: $158,929
• Price Per Square Foot: $181
• Address: 7603 Downs Farm Way
• Market: Louisville, KY
• Brokers: Aaron Johnson & David Badgett Jr. - Marcus & Millichap

Marcus & Millichap facilitated the sale of the property to an investor based in South Carolina. The brokerage team's involvement highlights the representation of both the buyer and seller throughout the transaction process.