806 E Chestnut St, Louisville, KY 40204

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Building Details:

• Year Built: 1850

806 E Chestnut St is located in Louisville, KY.

The Cloisters is an Landmark in downtown East Louisville. Built as a nunnery it has had many lives. Since a major remodel in 1985 it has been an apartment building. Original Historic Tax credits (both State and Federal) have expired and the building is eligible again. Located in one of the largest TIF (Tax Incentive Funding) Zones in the US, the Cloister is being enveloped by nearby investment and has tremendous upside potential. University of Louisville Medical Campus is expanding in the direction of The Cloister. Large parking lots sits across from the property that is included in the purchase. Owner has up to five additional properties located adjacent to The Cloister that can be bought and included in the purchase.