4522-4524 Winnrose Way

4522 Winnrose Way Louisville, KY 40211

4522 Winnrose Way, Louisville, KY, 40211
4522 Winnrose Way, Louisville, KY, 40211 4522 Winnrose Way, Louisville, KY, 40211 4522 Winnrose Way, Louisville, KY, 40211 4522 Winnrose Way, Louisville, KY, 40211 4522 Winnrose Way, Louisville, KY, 40211 4522 Winnrose Way, Louisville, KY, 40211
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,980,000
Last Verified:
Jul 16, 2024

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Highlights

  • - 40 desirable units
  • - Zoned R5A-RESIDE
  • - Prime location in Louisville, KY
  • - Louisville Ranked 3rd in US for Apartment Rent Growth

Description

Introducing an exceptional investment opportunity at 4522 Winnrose Way, Louisville, KY. This impressive property features a 24,704 SF mid-rise building, comprising 40 attractive units originally constructed in 1940. Zoned R5A, this multifamily gem presents a prime chance for eager investors seeking to expand their portfolio in the thriving Louisville area. With its timeless charm and solid rental potential, this property offers a promising future for those seeking a stable and rewarding investment in the dynamic real estate market.

This is a LIHTC property.

The newer complex was built in 2004. The original property was built in 1940.

East from Southwestern Parkway to Winnrose Way


Year Built: 2004
Building Size: 38720sq ft
Building Class: C
Lot Size: 8.03 acres


Documents

Winnrose Way Apartments Brochure
Property Details _ Jefferson County PVA.pdf

Map of 4522 Winnrose Way, Louisville, KY, 40211

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Bill Menish


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.