Off Market Property Louisville Kentucky
Off Market Property Louisville Kentucky!
Louisville, Kentucky is a thriving real estate market, offering investors both great cash flow returns and appreciation. Homes Below market has a wide inventory of investment property deals- all off market in Louisville and the surrounding areas. Choose from fix and flip opportunities or buy and holds- Homes Below Market has you covered. The 16th largest metropolitan area and growing cultural hub, Louisville is undergoing a modernization including in neighborhoods like Germantown, Shelby Park, NuLu, Portland and other areas of the city. Come to Homes Below market for all of your needs with Off Market Property Louisville Kentucky!
Named for King Louis XVI of France in appreciation for his assistance during the Revolutionary War, Louisville was founded by George Rogers Clark in 1778. While its initial growth was slow, the advent of the steamboat in the early 1800s sparked booming industrial development, and by 1830 Louisville had secured its place as the largest city in Kentucky. During the Civil War, Louisville was an important Union base of operations and a major military supply center. In the postwar era, the city emerged even more prosperous than before, with merchant princes and manufacturers shaping the new economy. Owing to its strategic location at the Falls of the Ohio, Louisville was a major commercial center. River transportation was supplemented by the construction of the Louisville & Nashville Railroad, which was chartered in 1850 and operated more than 1,800 miles of line in the state by 1920. Joseph E. Seagram and Sons opened the world’s largest distillery in Louisville following the repeal of prohibition. Thanks to companies such as Dupont, the city became the world’s largest producer of synthetic rubber during World War II.
Louisville is home to many annual cultural events. Perhaps most well-known is the Kentucky Derby, held annually during the first Saturday of May. The Derby is preceded by a two-week-long Kentucky Derby Festival, which starts with the annual Thunder Over Louisville, the largest annual fireworks displayin North America. The Kentucky Derby Festival also features notable events such as the Pegasus Parade, The Great Steamboat Race, Great Balloon Race, a combined marathon/mini marathon and about seventy events in total. Esquire magazine has called the Kentucky Derby “the biggest party in the south”.
Louisville today is home to dozens of companies and organizations across several industrial classifications. However, the underpinning of the city’s economy since its earliest days has been the shipping and cargo industries. Its strategic location at the Falls of the Ohio, as well as its unique position in the central United States (within one day’s road travel to 60% of the cities in the continental U.S.) make it a practical location for the transfer of cargo along its route to other destinations.The Louisville and Portland Canal and the Louisville and Nashville Railroad were important links in water and rail transportation.
College basketball is particularly popular. The Louisville Cardinals‘s Freedom Hall averaged sellouts for 10 straight years and the downtown KFC Yum! Center following suit with regular sellouts. The Cardinals ranked third nationally in attendance in 2012–13, the most recent of the program’s three national championship seasons. The Cardinals also hold the Big East conference women’s basketball paid attendance record with nearly 17,000 attending the game against the Kentucky Wildcats in 2008. The Louisville market has ranked first in ratings for the NCAA men’s basketball tournament every year since 1999. The Kentucky Wildcats used to play an annual game in Freedom Hall.
Homes below market has a wide selection of real estate available to investors, which is why we are the # 1 stop for Off Market Property Louisville Kentucky.