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Hardin County · Elizabethtown

Sell Your Commercial Property In Elizabethtown, KY

From Downtown Elizabethtown to Vine Grove, we buy Elizabethtown multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Neighborhoods & Nearby Towns: Downtown Elizabethtown · Radcliff · Vine Grove · Glendale — Hardin County, KY

Local Demand

Our View On Elizabethtown

In the Hardin County city of Elizabethtown, renters head 50.7% of households in ACS 2020-2024 tenure data. That share compares with 37.4% across Hardin County. Owners who want to sell commercial property in Elizabethtown, KY will find the numbers buyers check here. They include HUD fair market rents, Hardin County tax rates, the state deed tax and Kentucky landlord statutes. ACS 2020-2024 also shows 79.9% of Elizabethtown workers hold jobs inside Hardin County. Elizabethtown holds 2,936 homes in buildings with five or more units, 54.0% of the Hardin County total.

01

Fort Knox Army post

Fort Knox's 2021 placemat lists 4,500 military and 9,626 civilians in a 26,260-person daytime workweek population, outside Elizabethtown.
02

BlueOval SK in Glendale

Kentucky's August 2023 release puts the BlueOval SK investment at $5.8 billion on a 1,500-acre Glendale site.
03

Baptist Health Hardin

Baptist Health Hardin in Elizabethtown is a 300-bed hospital with 2,700 employees, per its own hospital page.

Our Buy Box

What We Buy In Elizabethtown

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Elizabethtown Apartment Market

Figures gathered October 2026 from public market data.

50.7% Renter households 6,944 of 13,684, ACS 2020-2024
$909 Median gross rent Kentucky: $967, ACS 2020-2024
2,936 Homes in 5+ unit buildings 19.9% of Elizabethtown homes, ACS 2020-2024
$1,087 HUD FY2027 2BR FMR Elizabethtown, KY HUD Metro FMR Area
122.0 cents 2025 combined tax rate Per $100, Elizabethtown Independent district
3.3% Rental vacancy ACS 2020-2024 profile table DP04

Who rents in Elizabethtown

Renters head 6,944 of 13,684 Elizabethtown households, a 50.7% share in ACS 2020-2024 table B25003. Homes in 5+ unit buildings make up 19.9% of Elizabethtown housing, per table B25024. In table B25034, 37.7% of Elizabethtown homes predate 1980, and the median year built is 1990.

Rents and affordability in Elizabethtown

Median gross rent in Elizabethtown is $909 in ACS 2020-2024 table B25064, below the Kentucky median of $967. In table B25070, 39.3% of Elizabethtown renters spend 30% or more of income on housing. HUD's FY2027 fair market rents for the Elizabethtown, KY HUD Metro FMR Area took effect October 1, 2026.

Unit sizeHUD FY2027 FMR
Efficiency$860
One bedroom$866
Two bedroom$1,087
Three bedroom$1,505
Four bedroom$1,817

Source: HUD fair market rent documentation. Owners preparing to sell commercial property in Elizabethtown, KY should expect buyers to compare rent rolls with these HUD figures.

Property taxes in Hardin County

Elizabethtown real estate inside the Elizabethtown Independent school district carries a 2025 combined rate of 122.0 cents per $100. The 2025 Kentucky Property Tax Rate Book lists 10.6 cents state and 15.0 cents countywide. Elizabethtown Independent schools levy 85.7 cents, and the City of Elizabethtown levies 10.7 cents. On a $2,000,000 assessment, that comes to $24,400 a year, with $17,140 going to schools. Parcels in the Hardin County school district, levied at 65.2 cents, total 101.5 cents, or $20,300. The state deed tax under KRS 142.050 is $0.50 per $500, or $2,000.

Landlord rules in Elizabethtown

Elizabethtown is not among the 33 cities the 2016 LRC fiscal note lists as adopting Kentucky's landlord-tenant act. Nearby Radcliff and West Point are on that list. Where that act is not in effect, KRS 383.195 lets a landlord end a tenancy at will with one month's written notice. Under KRS 383.160, a tenant holding over a term shorter than a year can be removed without notice if proceedings start within 30 days.

Since March 6, 2024, KRS 383.198 bars local landlord-tenant ordinances that conflict with state law. Anyone planning to sell commercial real estate in Elizabethtown, KY can count on state statutes setting these terms.

What it means for an owner in Elizabethtown

Elizabethtown pairs a 50.7% renter share with a HUD two-bedroom figure of $1,087. If you plan to sell commercial property in Elizabethtown, KY, model the $24,400 tax bill per $2,000,000 and the $2,000 deed tax first. Run the numbers in our cap rate calculator.

Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in Elizabethtown, see how our direct purchase works.

Before You Sell

Selling In Elizabethtown

More about selling in Kentucky →
Investing in Elizabethtown? See apartment syndications in Elizabethtown →
  • Elizabethtown holds 54.0% of Hardin County's homes in buildings with five or more units.
  • For anyone selling commercial property in Elizabethtown, ACS 2020-2024 puts rental vacancy at 3.3%.
  • Owners who sell commercial real estate in Elizabethtown, KY pay the state deed tax of $0.50 per $500.

Learn More

Taxes & Rules For Elizabethtown Property

The Kentucky rules that shape any deal in Elizabethtown: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Elizabethtown Seller FAQ

What should I know before I sell commercial property in Elizabethtown, KY?

Elizabethtown renters head 50.7% of households and pay a $909 median gross rent, per ACS 2020-2024. Buyers will also model the 122.0-cent 2025 combined tax rate in the Elizabethtown Independent school district and the $0.50 per $500 state deed tax.

How much property tax does a $2 million apartment building in Elizabethtown pay?

Using the 2025 Kentucky rate book, a $2,000,000 assessment in the Elizabethtown Independent school district owes about $24,400 a year. Elizabethtown Independent schools take $17,140, countywide levies $3,000, the City of Elizabethtown $2,140 and the state $2,120.

What does HUD say rents are worth in Elizabethtown?

Elizabethtown has its own HUD Metro FMR Area. HUD's FY2027 fair market rents, effective October 1, 2026, are $866 for one bedroom, $1,087 for two bedrooms and $1,505 for three bedrooms. The two-bedroom figure sits above the $909 ACS median gross rent.

Can I sell multifamily property in Elizabethtown with tenants in place?

Yes, and buyers will review each lease against state law. Where the landlord-tenant act is not in effect, KRS 383.195 sets one month's written notice to end a tenancy at will, and KRS 383.198 bars conflicting local ordinances. KRS 383.160 covers tenants who hold over past a lease term.

Is it a good time to sell commercial real estate in Elizabethtown, KY?

Two figures stand out: Elizabethtown renters head 50.7% of households, and rental vacancy was 3.3% in ACS 2020-2024. Older stock matters too, since 37.7% of Elizabethtown homes predate 1980, and buyers price in roofs, systems and other repairs.

What if my Elizabethtown building has vacancies or deferred maintenance?

That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.

Can I sell my Elizabethtown apartment building off-market?

Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.

Can I sell rental property in Elizabethtown with tenants in place?

Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.

Do I need a broker to sell my apartment building in Elizabethtown?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

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