6-Door SFR Portfolio | 100% Occupancy | Louisville, KY

Investment Overview

Six single-family rental homes in Louisville’s Beechmont / Hazelwood area, south of the Watterson Expressway (I-264) along the Taylor Blvd corridor, a short drive north of Iroquois Park and Iroquois Golf Course.​ Offered as a package at $758,812.50 ($126,468.75 per door).​ The pod is 100% leased, with current rents of $6,567/mo ($78,804/yr) across 2, 3 and 4-bedroom homes built between 1919 and 1963.​ The homes are part of a larger portfolio, so property-level operating expenses are not separately itemized.​ Buyers should underwrite expenses independently.​ Individual homes are not priced separately.​ ​$8,567/mo in Current Rents ​100% Occupancy ​Offered at $126,468.75/unit ​Tenants pay all utilities ​Market rate tenancy ​Average tenant tenure is 2.6 years ​4 of 6 homes with HVAC replaced in the last ~5 years. ​3 with kitchen and 4 with roof updates. ​5 of 6 homes with LVP or wood floors Demographics: ​Area Demographics (40214 & 40215) ​Median Age: 36.5 years ​Median HH Income: $48,000 - $54,900/annually ​Average HH Size: 2.45 Persons ​Renter Occupied Housing: 45%