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ERG Property Advisors Announces Exclusive Listing of a New Apartment Community in Louisville, KY

NEW YORK — February 5, 2013 — ERG Property Advisors is pleased to announce the availability of St. Anthony’s Landing, a new apartment community strategically located with close proximity to the CBDs of both Louisville, Kentucky and Jeffersonville, Indiana.
 
The property site is 5.75 acres and features nine two story garden style buildings consisting of 80 units. Residents will benefit from large two bedroom two bath 1100 S.F. units. The subject market area benefits from good a highway, rail and air transportation access, and is surrounded by commercial and residential development. 
 
“Occupancy rates for apartment complexes built within the last 16 years are about 96 percent in the Louisville area."
 
The area is home to several major employers including Ford, General Electric, Zappos, UPS and Papa John's. The one mile population stands at 23,594 while the five mile ring indicates a population level of over 270,000.
 
St. Anthony's Landing is surrounded by high quality retail, commercial and residential development, and will be the newest apartment community around. 
 
The asking price for this building is $5,584,000.
 
For more information about this property, please contact Andrew Greenberg at (646) 253-0950. His email is agreenberg@ergpa.com.
 
 
About ERG Property Advisors

ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG's Retail Division specializes in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit www.ergpa.com for recent deals and press coverage. 



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