Furlong Apartments

Furlong Apartments

Louisville, KY
Available
  • Property Type: Apartments
  • Year Built : 1945
  • Property Size: 45,050 SF / 53 Units
  • Price: $3,800,000

Overview

Capstone Apartment Partners is pleased to present Furlong Apartments, a 53 unit apartment complex located in Louisville, Kentucky—just seconds away from world-renowned Churchill Downs, a short drive to the University of Louisville, and mere minutes from the region’s largest employers. With a mix of market rent and voucher tenants, Furlong offers opportunity for organic rent growth or a clear avenue to implement a demonstrated value-add strategy proven by the neighboring community. Furlong is directly across the street from a 400+ unit complex which has undergone a multi-million dollar renovation, demonstrating strong demand in the immediate submarket. Strong multi-family market fundamentals in the Louisville MSA and Furlong’s proximity to globally recognized attractions and businesses combine to offer investors attractive upside. 

Investment Highlights

  • Strong Multi-Family Market Fundamentals
  • Proven Value-Add Opportunity
  • Proximity to Top Employers and Education

Contact Information

Nathan Murphy Senior Advisor P: 513.460.5941
O: 800.746.3175 ext. 707
nathan@capstone-companies.com
Stash Geleszinski, CCIM Managing Director P: 513.506.2872
O: 800.746.3175 ext. 705
stash@capstone-companies.com
Sherief Gouda Senior Advisor P: 513.252.1427
O: 800.746.3175 ext. 708
sherief@capstone-companies.com
Luke Searcy Investment Sales Advisor P: 731.592.9573
O: 800.746.3175 ext. 724
luke@capstone-companies.com
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