Wingfield Apartments

Wingfield Apartments

Louisville, KY
Available
  • Property Type: Apartments
  • Year Built : 1947
  • Property Size: 28,600 SF / 44 Units

Overview

Capstone Companies is pleased to present Wingfield Apartments: a 44-unit, value-add opportunity in Louisville, Kentucky. Situated approximately one mile from the University of Louisville, the property has immediate access to major economic drivers such as the UPS WorldPort, Louisville International Airport, Humana Health Headquarters, and the Ford Assembly Plant. Wingfield Apartments is poised to benefit from the continued expansion of the University of Louisville, which employs over 7,000 people and has an economic impact of $2 billion. Current ownership has implemented an interior value-add initiative that is achieving in-place rent premiums of $230 per month on average. The upgraded units include modern interior finishes such as LVT flooring, granite countertops, stainless steel appliances, new plumbing fixtures, and a modern paint scheme. The attractive two-bed unit mix featuring modern finishes with quick access to key employment nodes will attract a strong tenant base seeking faster commute times and proximity to all amenities of Louisville.

Investment Highlights

  • Opportunity to Complete the Value-Add Program
  • Significant CapEx Completed
  • Unbeatable Employment Access
  • Louisville Economic Growth 

Contact Information

Austin Heithcock Investment Sales Advisor P: 615.477.1971
O: 800.746.3175 ext. 721
h.austin@capstone-companies.com
Tyler Mayo Senior Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
capstoneapts-logo