Hurstbourne Estates delivers a full-service, resort-style living experience with an impressive amenity package and upscale in-unit features. Residents enjoy a resort-style pool, modern fitness center, business center, game room, pet facilities, social spaces, and gated access. Apartment interiors include private entrances, granite countertops with black appliances, shaker cabinetry, walk-in closets, and in-unit washer/dryers, with select homes offering double balconies, wood-style flooring, and extra storage.
Current ownership has invested $1.6 million in targeted capital improvements, including partial unit upgrades with stainless steel appliances, white cabinetry, and premium flooring, along with select exterior improvements. Built in 2013, the community provides spacious floor plans and desirable conveniences, yet still offers light value-add potential. Many units retain original finishes, allowing new ownership to capture meaningful rent premiums through upgrades such as full LVP flooring, stainless steel appliances, tile backsplashes, modern lighting, refreshed bathrooms, and smart-home features.
The property benefits from strong natural rent growth, with in-place rents trailing recent new leases and current asking rents by $60–$64—offering near-term NOI upside. Its high-income surroundings further support performance, with a one-mile median household income of $133,000 and a zip code median home value exceeding $410,000. Residents also enjoy exceptional access to Louisville’s premier retail and entertainment destinations, including Mall St. Matthews, Oxmoor Center, and Springhurst, all within 15 minutes. Proximity to major Louisville employment hubs—such as UPS, Norton Healthcare, UofL Health, Ford, Humana, GE Appliances, and the University of Louisville—enhances long-term stability and demand.