Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7312 Six Mile Ln, Louisville, KY, 40220

--beds
--baths
41,160sqft
$4,000,000
$97price/sqft
$28,381/moest. monthly cost
$1,135,240/yrincome needed

About This Home

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.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

3/10
3/10
Ramsey Middle SchoolGrades 6-85.3 mi
2/10
Jeffersontown High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes

Features

  • Finished area below ground: 13,720
  • Finished area above ground: 27,440

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 27,440
  • Total interior livable area: 41,160 sqft

Property

Details

  • Parcel number: 22187606660000
  • Attached to another structure: Yes

Features

  • Exterior features: None

Lot

  • Lot size: 2.59 sqft
  • Lot size dimensions: 0