Fund I Portfolio

Bunsen Distribution Center

Louisville, Kentucky

Description

100% fully occupied and currently cash-flowing asset. Light manufacturing zoning with 184,925 SF of warehouse with 6,463 SF of office space, 31 dock doors, and four drive-in doors

Conveniently located two miles from I-64, providing easy access to the airport, UPS, and Ford Kentucky Truck Plant.

Screen Shot 2022-10-23 at 11.41.17 AM

Details

Target Equity Multiple: 1.8x

Target IRR: 15%

Deal Type: Value-add

Asset Type: Industrial

Sponsor: Poe Companies

Target Investment Period: 5 years

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