219 East Ormsby Avenue, Louisville, KY 40203

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Yandell W.

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Building Details:

• Year Built: 1930

219 East Ormsby Avenue is amulti-family property for lease in Louisville, KY.

The Queen Ann is an excellent multi-family investment opportunity located in Old Louisville. The property has high occupancy and has undergone extensive renovations over the last four years. It is very well located near the University of Louisville, Louisville International Airport, Louisville's Central Business District and major interstates. The rent roll will show there is an excellent tenant mix, reflective of the good property condition and location. This property does NOT rely solely on students as tenants. The Queen Ann is professionally managed. This is not a value-add investment, and while there is immediate, attractive cash flow, there is still the opportunity for rent growth. Units are separately metered and tenants pay their own utility costs. Very attractive location for students and professionals alike.

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