Investment Highlights

Proven Value-Add: Some of Legacy’s units have upgraded appliances, flooring, and cabinets. These units are achieving rent premiums, providing a model for a value-add initiative that could increase annual NOI

Enhance Curb Appeal: New ownership will have the potential to enhance Legacy’s external curb appeal by improving the property’s branding, signage, and/or landscaping

Recent Economic News

  • UPS - $750 million investment; 1,000+ Jobs
  • Ford - $1 billion investment in local facilities
  • El Toro - $10.5 million investment; 400 jobs
  • Kentuckiana Curb Co - $50 million investment; 400 jobs
  • GE Appliances - $62 million investment; 260 jobs
  • QSR, Roll Forming Corp, Kroger, Bastian Solutions, CSAT - $53.3 million total recent investment

Implement Green Program: A green efficiency program can be implemented by new ownership by installing low flow toilets, showerheads, and faucets as well as LED lights.

Top 10 City

  • #2 - Metro Areas with the Most Profitable Businesses (Lending Tree)
  • #4 - Busiest US Cargo Airport (ACI)
  • #4 - Top Cities with the Happiest Workers (CNBC)
  • #6 - Best US City for Remote Working (HighSpeed)
  • #8 - Where U.S. Manufacturing is Thriving (Forbes)
  • #8 - Best Cities for New College Grads (Smart Asset)

Proximity to Demand Drivers

  • UPS Worldport (23,533 jobs)
  • Ford (13,020 jobs)
  • Norton Healthcare (12,579 jobs)
  • Humana (12,000 jobs)
  • Baptist Healthcare Systems (8,143 jobs)
  • University of Louisville (6,394 jobs)
  • GE Appliances (6,000 jobs)
  • UofL Health (6,000 jobs)
  • Amazon (5,700 jobs)

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