Original Owner & Self-Managed

Currently owned and self-managed by the original developer, Brownsboro Woods (44 units) & Camden Wood (60 units) offer significant upside potential through the introduction of institutional-quality management. With professional oversight, new ownership can drive operational efficiencies, improve performance, and maximize long-term value.

Appliance Installation Upside

Brownsboro Woods & Camden Wood is equipped with in-unit washer/dryer connections, allowing new ownership the option to add machines and introduce a monthly fee. This value-add opportunity enhances resident convenience while creating a new stream of ancillary income to support NOI growth.

Water RUBS Opportunity

Brownsboro Woods & Camden Wood currently absorbs all water and sewer expenses, presenting a clear opportunity to implement a RUBS or Flat Rate recovery. Establishing a resident reimbursement program can enhance NOI, aligning the property’s utility cost structure with market standards.

Cable/Internet Income Opportunity

New ownership will have the opportunity to implement a bulk cable and internet package or revenue-sharing agreement, leveraging the property’s existing cable-ready infrastructure to create ancillary income and improve resident retention.

Interior Renovation Upside

Approximately 20% of the units have been upgraded with LVP flooring and enhanced lighting, leaving significant potential for a new owner to renovate the remaining 80% of units. Further value can be created by replacing 100% of the units with granite surfaces and stainless-steel packages, positioning the asset for enhanced rent premiums and long-term NOI growth.

Proximity to Top-Rated Schools

Located near South Oldham Middle (8/10) and South Oldham High (10/10), the properties benefit from being in Kentucky’s 7th-best school district, boosting family appeal and long-term rental demand.

Rising Home Prices

Average home values in Oldham County have climbed 41% over five years—from $312K in 2020 to $441K in 2025—underscoring market strength and housing demand.

Affluent Surrounding Demographics

The properties are situated within a 3-mile radius with a median household income of $113,570—well above the state average—supporting sustained rent growth.

Proximity to Major Louisville Employers

Brownsboro Woods & Camden Wood offer a 30-minute commute to top Louisville employers, including:

• UPS: 24,000 jobs
• Norton Healthcare: 16,785 jobs
• UofL Health: 14,654 jobs
• Ford Motor Co.: 12,531 jobs
• Baptist Healthcare: 11,085 jobs
• Humana: 10,000 jobs
• GE Appliances: 8,400 jobs
• University of Louisville: 7,302 jobs
• Walmart: 7,000 jobs
• Amazon: 5,700 jobs
• Kroger: 5,000 jobs
• Manna: 2,300 jobs
• VA Medical Center: 2,119 jobs