402 N Hite Ave, Louisville

This 20-unit multifamily asset is ideally situated just off Lower Brownsboro Road in the established Clifton Heights submarket of East Louisville. The property consists entirely of one-bedroom, one-bathroom units, a highly desirable configuration that supports consistent tenant demand and strong occupancy. Residents benefit from a convenient location with easy access to nearby retail, dining, and everyday amenities, enhancing the property's long-term rental appeal. The asset is professionally managed and features separately metered units with electric HVAC systems. Tenants are responsible for their own heating and cooling costs, helping to minimize operating expenses and reduce ownership risk. Significant capital improvements have been completed over the past five years, including updates to roofs, windows, and HVAC systems, contributing to the property's overall stability and reduced near-term capital needs. This offering represents an opportunity to acquire a well-maintained, income-producing asset in a proven infill location within East Louisville.