Market Irvington, KY is a small tertiary market located 20 minutes outside Brandenburg, and 30 minutes outside Fort Knox. The tenant base is comprised of mainly workforce housing. The owner has previously occupied the building with military personnel who were stationed at Fort Knox as well. The property is conveniently situated within walking distance of a recently built elementary school (2016). Market Rents Market rents are currently hovering around $750 ($100 push from property highs). The owner is located out of state and has not been happy with the current property manager’s diligence to keep rents up to date with market norms. The units are slightly worn and will likely need some light cosmetic renovations (~2-5k / unit).