Capstone Apartment Partners is pleased to present 800
Tower City Club Apartments, a unique opportunity to acquire an exceptionally
located, irreplaceable 286-unit high-rise in the heart of downtown Louisville,
KY. This trophy asset is well-positioned in the midst of a massive development
wave sweeping through downtown Louisville and the riverfronts, as Louisville
continues its strong growth and revitalization of the urban core. As one
of only two multi-family, high-rise assets in Louisville, 800 Tower City Club
is positioned in a prime downtown location, offering amazing panoramic views of
the city, the Ohio River, Churchill Downs, and the University of Louisville.
Residents enjoy fast and convenient walkable access to the employment,
entertainment, recreation, and cultural centers of downtown. Tens of billions
of dollars are being invested into developments along the riverfront and the
surrounding downtown areas, contiguous to 800 Tower City Club—enhancing the
recreation, dining, housing, entertainment, and employment districts in the
urban core surrounding the property. This recent transformation has led to a
massive migration back to downtown Louisville, attracting residents from all
walks of life—college students and young professionals to medical professionals
and empty nesters—looking to capitalize on the benefits of an active urban
lifestyle. This has led to a strong and diverse resident base which averages an
annual income of $100,000+.