Updated Apr 23, 2026
Marcus & Millichap Sells 24-Unit Silver Creek Apartments In Jeffersontown Kentucky For $4M
9607 Old Six Mile Lane
$4,000,000
Units
24
Asset Type
MultiFamily
Closing
Apr 22, 2026
About this deal
AI
The multifamily asset involved in this transaction is the 24-unit Silver Creek Apartments located at 9607 Old Six Mile Lane in Jeffersontown, KY. The property was sold for a total price of $4,000,000, which translates to approximately $166,667 per unit. The asset, constructed in 2020, encompasses a total area of 25,200 square feet.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Units: 24
- Price Per Unit: $166,667
- Address: 9607 Old Six Mile Lane
- Market: Jeffersontown, KY
- Brokerage Firm: Marcus & Millichap
- Brokers: Tony Rogers, Aaron Kuroiwa, Grant Fitzgerald
- Closing Period: 15 days
The sale was facilitated by Marcus & Millichap, with brokers Tony Rogers and Aaron Kuroiwa marketing the property. The buyer is expanding its portfolio within the Louisville MSA, indicating strategic growth in the region.
On the Map
$4,000,000
MultiFamily
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Players
Louisville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93