Catylist ID:
#30847127
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 |
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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