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.