10 Unit Single Family Rental Portfolio

Multi-Family for Sale
Catylist Listing ID: 30810311
Number of Units: 10 Units
Building Size (RSF): 13,440 SF
Gross Building Area: See Agent
Sale Price: $799,000
Unit Price: $79,900 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2022

Overview / Comments

We are pleased to offer for sale this portfolio of 10 single family rental homes in Louisville. The properties are located around the west side of Louisville and are professionally managed. The portfolio is currently fully leased with stable tenants, and tenants pay all of their own utilities, offering the unique dynamic of having value-add potential across the portfolio coupled with initial stability and low operating costs for an investor.

The Louisville single-family and residential investment market is enjoying strong growth due to extraordinary rent growth, home value appreciation, low housing supply, and high demand from investors.

Offering highlights include:

> Fully leased 10-unit SFR portfolio in growing area of Louisville
> Low operating costs: Tenants pay their own water and LG&E
> Value-add potential coupled with initial stability through long-time tenant base

Please fill out the linked Confidentiality Agreement to access rent roll, financials, an additional information. This portfolio can be sold together or separately from the three offerings you will find through the Confidentiality Agreement.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 063L00100000
Zoning: R-5 - Residential Single Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,418 136,078 295,236
Median Age: 34.77 35.78 36.54
Households: 9,065 57,652 125,316
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