Description

Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to present the Walcott Jeffersonville, a 215-unit luxury apartment community located in charming downtown Jeffersonville, IN, a dynamic and developing suburb of Louisville. The Walcott offers luxury interiors, a market-leading amenities package, and a park-front location walkable to downtown Jeff's shops and restaurants and downtown Louisville across the BigFour Pedestrian Bridge. Jeffersonville anchors the fast-growing Southern Indiana submarket of Louisville located just north of downtown Louisville. It is known for its lively downtown riverfront, A-rated schools, and regional economic engine, the River Ridge Commerce Center, a 20M SF industrial development employing 13,300+ people at more than 70 companies including GE Appliances, Meta, Amazon, Medline, and PharmaCord.

The Walcott Jeffersonville presents a desirable opportunity to acquire a quality asset well below replacement cost. The property is available with a $26M assumable Freddie Mac loan (5.48% rate) or free & clear.

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Attributes

Number of units

215

Occupancy

92%

Year built

2020

Media

Investment Highlights

Immediate scale (215 luxury units) in a top Louisville job market available well below replacement cost
Considerable management upside
Five minutes to downtown Louisville and six minutes to the 10th Street retail corridor, with immediate access to I-265 & I-65
Minutes to mega job hub River Ridge Commerce Center—20M+ SF, $3.6 billion economic impact, 13,300+ jobs
1,700+ new jobs coming to River Ridge from Meta, Canadian Solar & CTDI
#1 submarket for occupancy in Louisville at 96.5% for 2Q26, 96.6% projected 5-yr average (RealPage)