Louisville Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Louisville, Kentucky
Louisville: In the Spotlight
Louisville, Kentucky is located 121 miles from the 3rd largest city of Bowling Green and is part of the Louisville–Jefferson County, Kentucky–Indiana, metropolitan statistical area (MSA). The population of Louisville - Jefferson County is just over 617,000, making it the most populous area in the State. It also covers 398 square miles of land. The area is home to the nation’s largest annual fireworks show, and produces 95% of the world’s bourbon.
- The unemployment rate is around 5.3%.
- The median household income is $53,436.
- The median age in Louisville is 37 years old
- Louisville employs over 65.6% of its residents
Louisville Apartment Loan and Multifamily Property Facts
Louisville is part of the Kentucky market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Louisville has a relatively high vacancy of roughly 7.5% across all rental properties
- There has been a marginal rent increase, to $880 per month
- The homeownership rate is roughly 60%, which leaves around 40% of residents looking for rental properties.
Although 2020 was a difficult time in Louisville, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Louisville Apartment Loan and Lending Options
In Louisville, Kentucky there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Louisville Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Louisville, KY. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Louisville is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Louisville Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.