12 Property Portfolio in Louisville, KY

Multi-Family for Sale
Catylist Listing ID: 30806366
Number of Units: 14 Units
Building Size (RSF): 1,550 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $71,428.57 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

12 Property Portfolio in Louisville, KY: This portfolio is primed and ready for the next owner! In the last 18 months the current owner has poured over $96,000 in improvements to these properties and they are ready for the next owner to come in and take over and simply start making a LOT of money! In 2021 this portfolio generated over $106,000 in rents and it has generated $47,210 through May of this year. There are currently 2 vacant units as the seller is renovating those 2 homes-1 of which will be finished by the beginning of July which will increase the monthly income by $1100/month! The seller is also open to renovating the last vacant property for the new owner if they are not open to taking on a project like that at this time. This portfolio offers investors of any experience an opportunity to acquire an incredibly lucrative portfolio of homes that generate over 100,000 year after year. This portfolio will NOT last long though.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 008A01110000
Zoning: R-1 - Residential Single Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,894 83,878 217,592
Median Age: 37.41 34.99 36.36
Households: 5,007 33,053 91,343
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