Douglass Manor: These boutique luxury apartments feature premium units with remodeled kitchens and individual unit key pads. The property is currently stabilized with high occupancy, and opportunities to add value include:
Baringer Manor: These boutique luxury apartments feature units with hardwood floor finishes, in-unit washer/dryer hookups, and individual unit key pads. Opportunities to add value include:
Class A Location Within The Highlands: Both properties are located in The Highlands, an A location within Louisville, and feature superior walkability. Recent home sales in The Highlands have ranged up to $700,000.
Nearby One Park Investment: Both properties are located within 3 miles of a $250 million mixed-use development called One Park. The site includes over 40,000 square feet of retail and 185 hotel rooms, with development plans slated for final approval in mid-2022.
Louisville Employers Expanding: Multiple major employers are in expanding throughout Louisville, including:
Access to Louisville’s Premier Retail Centers: The portfolio is ideally positioned near Louisville’s premier shopping centers, including:
Major Louisville Employers: Louisville is home to dozens of companies that employ over 1,000 people, highlighted by UPS (23,533 jobs), Ford (13,020 jobs), Norton Healthcare (12,579 jobs), and Humana (12,000 jobs).
Nationally Ranked Metro: Louisville has gained national attention due to its growing economy and lifestyle, including:
THIS CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to by The Kirkland Company (“Broker”), exclusive listing broker for the Property, and (“Buyer”) regarding the sale of the property known as Douglass Manor and Baringer Manor (“Property”) located in Louisville, Kentucky. The obligation of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with the Owner.
BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of the Property. The Owner of the property has instructed Broker to deliver information concerning the Property, much of which is highly confidential, only to those potential purchasers who sign this Agreement. To receive an Offering Memorandum (“Offering Memorandum”) please read, sign and return this Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation.
THEREFORE, THE PARTIES AGREE, in consideration of the covenants and agreements contained herein, as follows: