This apartment building sits in the heart of the Portland Ave. neighborhood of Louisville. Once completed, it will provide 5 apartments for families in Portland. We bought this apartment building from a seller who need to sell fast and we were able to arrive at a fair offer to create a win-win for everyone involved.
We’re sitting down here on Rowan. We’ve got a nice, big, 5,000 square foot building here, and we are framing out a new unit. It’s going to be brand new, nice flooring, nice vinyl flooring, gray flooring. This is going to be a master bedroom. These are some of the cabinets we’re putting in the kitchen. This is another bedroom. This is going to be a second bedroom over here. As you can see, we’re framing up the wall, but this is going to be a second bedroom over here with a closet. You have two windows, two nice big windows in here. There’s the closet.
Come over here; this is going to be a small galley kitchen. We’re going to have cabinets towards the back over there. That’s going to be a wall of uppers and lower cabinets. You got some space over here for kind of like a den area. And back there, we’ve got a bathroom that we’re going to completely rehab; make it super nice. We’re working on some plumbing today, kind of give you an idea of what things are looking like. This building’s probably going to be a five-plex, maybe a six-plex apartment building. We have a lot of options here, so stay tuned on this one.