Iroquois Green is a 72-unit apartment community located at 136 Lawson Lane in Louisville, Kentucky, offering investors the opportunity to acquire a well-maintained asset with long-term ownership history and operational upside. The property consists entirely of 1-bedroom units averaging 600 square feet and is currently operating at approximately 96% occupancy with average asking rents around $775. New ownership can implement a targeted value-add strategy through interior upgrades, professional third-party management, and amenity enhancements to improve resident appeal and drive rent growth.
The community is positioned within a highly durable employment corridor near UPS Worldport, major healthcare systems, and Louisville’s manufacturing and logistics hubs, providing a stable renter base supported by thousands of nearby jobs and ongoing economic investment. Additional regional growth drivers—including major corporate expansions and infrastructure improvements—support long-term housing demand, while the property’s proximity to Iroquois Park and key retail corridors enhances livability and tenant retention. Altogether, Iroquois Green presents a classic workforce housing investment combining dependable in-place cash flow with clear pathways to increased revenue and long-term value creation.
Value-Add Opportunity: Iroquois Green presents new ownership with the ability to execute a value-add strategy that enhances both operational performance and long-term asset value.
Owner Managed Asset: The property is currently self-managed, offering a clear opportunity for professional third-party management to create efficiencies and elevate performance.
Generational Ownership: Iroquois Green has been owned and maintained by the same ownership group for over 30 years.
Ability to Enhance Amenities: The property currently offers limited resident amenities, creating a value-enhancement opportunity.
10 Minutes to UPS Worldport – 25,090,000 Jobs: Iroquois Green is located less than 10 minutes from UPS Worldport, the largest fully automated package-handling facility in the world.
Access to Louisville’s Leading Industrial & Logistics Hub: Located under 15 minutes away, the 2,000-acre Louisville Riverport Authority is one of the region’s most important economic centers.
$2 Billion Ford Investment: Ford recently committed $2 billion to expanding its Louisville Assembly Plant, reinforcing its long-term presence in the market.
Major Louisville Employers: Louisville benefits from a robust and diverse employment base supported by numerous large employers.