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Capstone is pleased to present five recently renovated properties in Louisville and Lexington, Kentucky, totaling 702 units (offered as a portfolio or individually). Four of the properties (598 units) are mere minutes from downtown Louisville, and the other (104 units) is just south of Lexington in the growing suburb of Nicholasville. With substantial loss-to-lease recapture, management efficiency opportunities, and over $15 million of recent CapEx invested, current ownership has done significant work to improve and stabilize the properties, providing investors with a smooth runway to lucrative returns.
Offers will be considered individually or as a portfolio.
Please draft LOIs accordingly.