View documents for this listing such as the Offering Memorandum (OM) and Rent Roll by clicking the button below!
Capstone is pleased to introduce the Crestwood Development Site, a ±6.46-acre development site located in Louisville’s eastern corridor. With zoning and entitlement ready, the Crestwood Development Site is shovel-ready for developers to begin construction on 96 multifamily apartment units. Louisville’s outward growth in recent years has had a positive ripple effect on the towns beyond city limits. This expansion has spurred economic development and increased opportunities for neighboring communities. The Crestwood Development Site resides outside of Jefferson County, KY, providing developers with a low barrier to entry. Additionally, Crestwood boasts superb demographics with median incomes over $80,000 and home values exceeding $340,000+ within a 1-mile radius of the property. The Crestwood Development Site offers developers a poised opportunity to enter a robust and promising market.