Portfolio of Three Remodeld SFR's in South Louisville

Multi-Family for Sale
Catylist Listing ID: 30810240
Number of Units: 3 Units
Building Size (RSF): 2,799 SF
Gross Building Area: See Agent
Sale Price: $453,700
Unit Price: $151,233.33 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 three SFR's in South Louisville. All three properties were remodeled in 2020 to include fully renovated bathrooms, updated kitchens and appliances, new flooring, and various other updates. The portfolio is professionally managed, and all properties are located in stable areas around South Louisville.

The portfolio is fully leased and tenants pay all of their own utilities, offering an investor the opportunity to acquire a stable, turn key portfolio with minimal operating expenses.

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 portfolio of 3 SFR's in stable areas of South Louisville
> Low operating costs: All tenants pay their own LG&E and water
> Stable, turn key investment portfolio; all properties remodeled in last two years

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: 120300040069
Zoning: R-5 - Residential Single Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,802 62,389 130,084
Median Age: 39.6 38.49 38.28
Households: 4,704 24,275 51,793
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