7312 Six Mile Ln, Louisville, KY

$4,000,000

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41,160

Square feet

About 7312 Six Mile Ln

Hallmark Apartments is a well-maintained 48-unit multifamily community located in the highly desirable Hikes Point submarket. Owned and professionally managed by the same long-term owner for many years, the property has consistently achieved strong occupancy levels and demonstrates a proven history of stable operations. The asset has benefited from significant capital improvements, including the replacement of all roofs and windows in 2021. In addition, a majority of the apartment homes have received interior updates, enhancing both resident appeal and long-term value. Hallmark Apartments features mostly 2BR apartments, allowing the property to achieve a more enhanced income potential. The community has coin-operated laundry, and the units could accommodate future washer/dryer hookups. The property is separately metered for gas and electric service helping minimize utility expense exposure and contributing to operational efficiency. Ideally situated in the sought-after Hikes Point area, the property offers residents convenient access to major retail destinations, employment centers, interstate highways, and a variety of everyday amenities. Its strong location, history of occupancy, and recent capital investments position Hallmark Apartments as an attractive opportunity for investors seeking a stable, well-performing multifamily asset with continued upside potential.

Features of 7312 Six Mile Ln

MLS® # 1721310
Price $4,000,000
Square Footage 41,160
Year Built 1972
Type Multi Family
Sub-Type Apartment
Status Active

Community Information

Address 7312 Six Mile Ln
Area 07-FernCreek/Hikes Point/Jeffersontown
Subdivision BRECKENRIDGE ESTATES
City Louisville
County Jefferson
State KY
Zip Code 40220

Amenities

Utilities Other
Is Waterfront No

Interior

Heating Other
Fireplace No

Exterior

Exterior Features None
Roof Shingle
Construction Brick

Additional Information

RE / Bank Owned No

Listing Details

OfficeColliers

Listing Map

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