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179 Traill Loop DrPaducah, KY 42001
Greenway Village
Asset ClassMultifamily
# Units200
Occupancy: 95%Year Built: 2021AVG SF: 1,295Access Data Room
200 UNITS IN PADUCAH, KY.
overview of deal

Overview

Attractive Assumable Debt: Greenway Village offers the opportunity to acquire the asset with an existing assumable loan featuring a favorable 3.54% fixed interest rate and an approximately $19.9 million outstanding balance as of October 2026. This below-market financing structure may enhance leveraged investment returns, subject to lender approval and assumption requirements.

 

Spacious Floor Plans: Greenway Village offers spacious floor plans averaging 1,295 square feet per unit, providing residents with additional living space and functionality, helping differentiate the property from competing apartment communities and supporting its appeal to prospective renters.

 

Positive Recent Leasing Momentum: Recent leasing activity demonstrates meaningful rental upside, with average recent leases at approximately $1,466 per month compared to average in-place rents of $1,433, representing a roughly $33 premium. Average asking rents of $1,480 further support the opportunity to capture additional revenue as leases turn over.

 

Highly Rated School District: Greenway Village is zoned for some of the area's top-rated public schools, including McCracken County High School (9/10), Heath Middle School (7/10), and Concord Elementary School (7/10), according to GreatSchools. Access to high-performing schools strengthens the property's appeal to families and supports resident retention and long-term occupancy.

 

Limited New Supply in the Submarket: Greenway Village offers a newer multifamily product in a submarket with limited new construction competition, positioning the asset to benefit from a differentiated housing offering and favorable supply-demand fundamentals.

 

Proximity to Major AI Data Center Development: Greenway Village is located approximately 20 minutes from the former Paducah Gaseous Diffusion Plant, the site of a planned $100+ billion AI data center campus. Developed by Brookfield with dedicated power infrastructure from NextEra Energy, the project is expected to create approximately 8,000 construction jobs and 600 permanent positions through its targeted 2031 completion.

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179 Traill Loop DrPaducah, KY 42001

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