TOWN POINTE
Our Commitment Is To Help Our Clients Create And Preserve Wealth By Providing Them With The Best Real Estate Investment Sales, Financing, Research And Advisory Services Available
Cincinnati, Ohio
LEAD AGENTS
Chuck Combs
Associate
Cincinnati Office
D. 513.878.7704
chuck.combs@marcusmillichap.com
Jordan Dickman
First Vice President Investments
Cincinnati Office
D. 513.878.7735
jordan.dickman@marcusmillichap.com
Nick Andrews
First Vice President Investments
Cincinnati Office
D. 513.878.7741
nicholas.andrews@marcusmillichap.com
Austin Sum
First Vice President Investments
Cincinnati Office
D. 513.878.7747
austin.sum@marcusmillichap.com
Legacy of Success, Built for the Future
$49.6B $10.9B 7,836 1,249
For more than 50 years, Marcus & Millichap has worked tirelessly to help our clients create and preserve wealth through commercial real estate investment sales as well as debt and equity advisory. Since our founding in 1971, we have grown to more than 80 offices throughout the United States and Canada, including twelve offices here in the Midwest. We also assembled the industry’s largest and most qualified team of specialists to help provide real estate solutions that match your unique investment needs. Connect with an advisor today. We have the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start receiving custom property alerts today.
YOUR TEAM CORPORATE SUPPORT
Jordan Dickman
First Vice Presidents Director, Nmhg
Nick Andrews
First Vice Presidents Director, Nmhg
Austin Sum
First Vice Presidents Director
Austin Hall
Investment Associate
Alden Simms
Investment Associate
Jack Stava
Investment Associate
Chuck Combs
Investment Associate
Liz Popp Midwest Operations Manager
Josh Caruana Vice President Regional Manager
Indianapolis | Cincinnati | Louisville | St Louis | Kansas City
Peter Stanley National Director
National Multi Housing Group
Michael Glass
Senior Vice President Midwest Division Manager National Director, Manufactured Home Communities Group
BROKER SUPPORT OUR LOCATION
Sam Petrosino
Valuation & Research
Brett Martin
Internal Accountant
Alex Papa
Marketing Coordinator
TOWN POINTE
35,600
E Obryan Ave, Bardstown, KY
PROPERTY DETAILS
Property Address: 111 E Obryan Ave
City, State, Zip: Bardstown, KY 40004
Submarket: Bardstown County: Nelson
UNIT INTERIORS
LOCAL COMPARABLES 02
RENT MATRIX | ONE BEDROOM
Effective | $793
Terrace View Apts | $800
Bardstown Village | $680
Slate Run Apts | $769 Subject
RENT MATRIX | TWO BEDROOM
Terrace View Apts | $875
THE FINANCIALS 03
UNIT MIX BREAKDOWN
UNIT DISTRIBUTION
INCOME & EXPENSES
Rent Roll: As of March 2025 Income and Expenses: January 2024 - December 2024
CASH FLOW
ANALYSIS ASSUMPTIONS
DEBT QUOTE
1-2 years IO
513.985.2263
RATES & SPREADS AS OF APR 2ND
7-Year
Mae - Conventional
7-Year 80% 1.25x 135 - 175 5.40% - 5.80%
5-Year 55% 1.55x 110 - 140 5.03% - 5.33%
5-Year 65% 1.35x 120 - 160 5.25% - 5.65%
5-Year 75% 1.25x 155 - 195 5.60% - 6.00%
“* Rate buy downs available on deal by deal basis. Rates are general in nature and are for informational use only. Rates are subject to change at any time and the information provided is not a commitment to lend. For specific quotes based on your property, contact a local Northmarq office.
Commercial Real Estate Debt + Equity Investment Sales Loan Servicing Fund Management”
Fannie
BARDSTOWN, KENTUCKY
BOURBON CAPITAL OF THE WORLD
The heart of Bardstown? Bardstown’s Historic District. On the National Register of Historic Places, it’s a place where you might feel as if you’ve slipped back in time, thanks to age-old architectural marvels like the Old Talbott Tavern & Inn, the County Courthouse (now home to the Bardstown Visitors Center, a great spot to get your bearings upon arrival) and Spalding Hall — not to mention the charming Cobblestone Path, built-in 1785. But it’s not just about the old days here. The Historic District is a vibrant destination, with unique boutiques, acclaimed restaurants and dynamic shopping options around every corner. Here, the past and the present blend together in magical fashion.
With 11 unique distilleries within 16 miles of Court Square, Bardstown is the ultimate bourbon getaway. We’re like wine country, but with a southern accent. But we’re more than just bourbon! Our walkable downtown is home to nearly 200 historic buildings and has been declared The Most Beautiful Small Town in America by Rand McNally and USA Today. Come experience Bardstown’s southern charm!
11 unique distilleries
200 historic buildings
KENTUCKY BOURBON FESTIVAL
200 BRANDS & EXPRESSIONS
PARTICIPATING DISTILLERIES
EXPERTS & MASTER DISTILLERS
31 PREMIUM EVENTS & PANELS
Held in the Bourbon Capital of the World™, the Kentucky Bourbon Festival draws bourbon lovers to Bardstown, Kentucky, each year to celebrate the storied history of distilling America’s native spirit during National Bourbon Heritage Month. More than 60 distilleries, with over 200 brands and expressions, will be at this year’s festival pouring samples and offering opportunities for attendees to engage with the most sought-after brands and enjoy engaging sessions with industry leaders and personalities. The weekend-long event includes samples from distilleries, the ability to purchase bottles directly from distillery booths as well as access to KBF exclusive single barrel selections, along with chances to meet Master Distillers, attend workshops, panel discussions, expanded food offerings and dozens of vendors in the Bourbon Marketplace.
