Ventana Apartment Homes_Property for Sale
Ventana Apartment Homes_Property for Sale

Ventana Apartment Homes

5319 Rangeland Road, Louisville, KY, 40219-5421, US

Description

Jones Lang LaSalle Americas, Inc (“JLL”), a licensed real estate broker, is pleased to present Ventana Apartment Homes, a 382-unit garden-style apartment community located in suburban Louisville, just 9 miles south of Downtown Louisville. Originally constructed between 1967 and 1969, the property offers spacious living options, featuring fully renovated one- to four-bedroom floorplans with granite countertops, stainless steel appliances, and in-unit washer/dryers. Residents will enjoy premium amenities, including a resort-style pool, fitness center, clubhouse, and pet-friendly green spaces. Ventana Apartment Homes neighbors GE Appliance Park and is nearby I-65 and I-264 providing convenient access to Downtown Louisville, Churchill Downs Racetrack, Louisville International Airport, and top employers. This opportunity is available free and clear of existing debt.



Doug Owen KY License #: 198490

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Attributes

Number of units
382
Occupancy
96%
Year built
1968
Building area net
33,438 m²

Media

Investment Highlights

  1. Ideal Investment Criteria
  2. 100% Market-Rate Units
  3. Diversified Unit Mix - 1 to 4 Bedroom Layouts
  4. $10M+ Spent on Interior & Exterior Capital Improvements since 2023
  5. Immediate Scale & Operational Efficiencies


  1. Desirable Property Features
  2. Newly Renovated Units with Modern Finishes & Features
  3. Resort-Style Amenities Including Outdoor Pool & Sundeck, Fitness Center & Clubhouse
  4. Spacious Floor Plans - 942 SF Avg
  5. In-Unit Washer/Dryers


  1. Premier Louisville Location & Economy
  2. Neighbors GE Appliance Park (Global HQ)
  3. 10 Minutes to Louisville International Airport
  4. 20 Minutes to Downtown Louisville
  5. Convenient Access to I-65 & I-264
  6. Near Fortune 500 Headquarters: Humana, BrightSpring Health, Yum! Brands
  7. Minutes to UPS Worldport (25,000 employees)


  1. Strong Submarket & Demographics Trends
  2. 96%+ 5-Year Projected Avg. Occupancy
  3. 4.6% 5-Year Historical Avg. Rent Growth
  4. Only 1 Property Under Construction within a 3-Mile Radius
  5. Low Rent-to-Income Ratio Supports Ability to Push Rents


Ventana Apartment Homes 4_Property for Sale
Ventana Apartment Homes 4_Property for Sale

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Ventana Apartment Homes (0 Properties)

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Last updated
22 Apr 2026