Constructed in 2005, Nichols Meadows apartments are a very well maintained 40 unit multifamily property including 16 large 2BA/2BA townhomes and 24 large 2BA/1BA apartments across five buildings. Each unit is separately metered for LG&E, and includes a W/D hookup. The lot is over 4.5 acres, with plenty of off street parking and ample residual land for potential additional construction. The property is situated adjacent to Jacobs Elementary School and among established residential homes in the Jacobs neighborhood. This is an excellent opportunity to add to an existing multifamily portfolio or start with a strong investment. This is LIHTC property. Please access the deal room for rent restrictions and additional financial information. Deal Room: https://connect.prgproperty.com/deal-room/156?signature=1a174c5a3a9e9f905fd3a46425ead180e95786fc2e5072dbe34466a00bc90fc4