66-Unit Apartment Investment Opportunity in Louisville, Kentucky

Investment Intro Video

Property Drone Footage

6%

Preffered Return

8%

Targeted Average Annual Distributions (CoC)

6%

Prefered Return

8%

Targeted Average Annual Distributions (CoC)

16-18%

Projected Average Annual Return (AAR)

16-18%

Projected Average Annual Return (AAR)

Why Louiseville?

Rapid Job Growth

  • Most populous city in Kentucky

  • Strategic location for Thousands of companies

  • Estimated 38.8% job growth in 10 years

  • Largest concentration of health inovation companies

Economic Highlights

  • 2.7% Unemployment Rate

  • $60.891 Median Household Income

  • 9.7% Income Growth Since Last Year

  • Only 9.4% of Households with self-employment Incomes

Financial Overview

Conservative Financing

  • 6% Prefered Return

  • 8% Targeted Average Annual Distribution (CoC)

  • 16-18% Average Annual Return (AAR)

Conservative Underwriting

  • 2.7% Unemployment Rate

  • $60.891 Median Household Income

  • 9.7% Income Growth Since Last Year

  • Only 9.4% of Households with self-employment Incomes

Recession Proof

Landlord Haven

  • Kentucky is a very pro landlord state

  • Seven day eviction notice

  • No rent increase limit

  • Government assistance if tenant can't pay rent

Population Surge

  • 140% Increase in population since 2000

  • Just 9 minutes from the Kentucky Derby

  • Government assistance if tenant can't pay rent

  • Occupation at 100% from day 1

What We Do

Existing

Planned

Existing

  • Below Market Rent
    On average the rent is well below the market rate for the area

  • Under Managed
    The management is subpar.

  • Renovation
    The current units are in need of a renovation to get back their former glory

Planned

  • Increase Market Rent
    Increasing the rent by just $100 per door will increase the total value of the property by _____

  • Professional Management Team
    Our management team is filled with top notch professionals who will service the property and keep it up to standards.

  • Increasing the Value
    Besides the rent increase, the renovation we will do will further increase the value of the property and justify the new rent

Planned

Planned

  • Increase Market Rent
    Increasing the rent by just $100 per door will increase the total value of the property by a measureable amount.

  • Professional Management Team
    Our management team is filled with top notch professionals who will service the property and keep it up to standards.

  • Increasing the Value
    Besides the rent increase, the renovation we will do will further increase the value of the property and justify the new rent