16 Rental House Portfolio

Multi-Family for Sale
Catylist Listing ID: 30847127
Number of Units: 16 Units
Building Size (RSF): 1 SF
Gross Building Area: See Agent
Sale Price: $4,801,200
Unit Price: $300,075 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

16 Class A rental houses in Louisville Ky. Approximately 50% are located in the east end of Louisville, Ky. All of the houses are currently rented. Annual rents are
$296,940. The majority are a minimum of 3 bedroom and at least 1.5 baths. Owner wants to do a 1031 tax deferred exchange. Owner will consider all property categories except office buildings. Owner is not area bound, in fact he likes vacation areas like Florida, Colorado, Hawaii, etc. We can break them up into smaller units of 4-6 properties. Here are possible groupings of JTown/Hikes Lane, South end and East end .

Zip Codes 40204-40215 3 Houses.............$610,000
40219,40229 & 40272 4 Houses.............$1,052,200
40220 & 40299 5 Houses........................$1,459,000
40222-40243 4 Houses...........................$ 1,680.000

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Zoning: R-4 - Residential Single Family District
Percent Occupied: 100%
Property Located Between: East and South ends of Louisville, Ky
Property Condition: Excellent
Roof Type: Gable
Zoning Description: R4 Single Family Residence
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,804 89,419 221,018
Median Age: 42.15 40.71 40.49
Households: 5,811 39,572 94,868


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