Sacred Heart Village III

Overview

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Located in the Shively area of Louisville, KY, Sacred Heart Village III offers a welcoming community for its residents. This property is designed to provide a comfortable and secure environment, catering primarily to senior citizens. The professional leasing team is dedicated to ensuring that all residents have a pleasant experience, making it an ideal place for seniors seeking affordable and well-maintained housing options.

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The neighborhood around Sacred Heart Village III is quiet and residential, providing a serene setting for its inhabitants. Residents can enjoy a strong sense of community while benefiting from the convenience of nearby amenities. The property is income-restricted, ensuring that affordable housing remains accessible to those who qualify.

The building itself is secure and well-maintained, with various on-site facilities to enhance the living experience. From laundry services to recreational spaces, Sacred Heart Village III aims to meet the diverse needs of its residents, promoting both comfort and convenience.

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Amenities and Features

Secure building access
On-site laundry facilities
Well-maintained common areas
Professional leasing and maintenance team
Quiet residential neighborhood
Income-restricted units for affordability

Sources

Sacred Heart Village III Location

Address: 3101 Wayside Dr Ste Off, Louisville, KY 40216

Phone: 502-776-5004

Website: https://www.mercyhousing.org/southeast/sacred-heart-village-iii/

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About Louisville, Kentucky

Louisville, a city located in the state of Kentucky (KY), is home to a population of approximately 963,812 people. Louisville boasts a median age of 37.9, with around 22.6% of its residents aged 60 or above. 6.6% of the population identifies as US Veterans. 14.7% of Louisville residents are disabled. The city has an average household income of $63,114, while the unemployment rate stands at 5.3%, and around 15.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Louisville is $205,128, with a monthly rent averaging $1,014.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.