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For Sale

7-Door SFR Portfolio | Iroquois | Louisville, KY

717 Inverness Ave,
Louisville, KY 40214
Represented by
eXp Commercial

Asset Snapshot

N/A
Multifamily Subtype
0.13 Acres
Land Area
7 Units
Unit Count
0 SF
Average Unit Size
7,860 SF
Property Size

Offering Summary

Investment Overview

This portfolio includes seven well-maintained single-family rental homes in Louisville’s Iroquois neighborhood. Theproperties are offered as a portfolio at $859,750 ($122,821 perdoor). The portfolio is 85.7% occupied with (1) vacancy activelybeing marketed, and consists of 2 and 3 bedroom, 1 bathroom homes. As the homes are part of a larger portfolio, property level operating expenses are not separately itemized, and buyers should underwrite expenses independently. Highlights - Avg. tenant tenure of 3.5 years - $7,810/mo in Gross Potential Rent - Offered at $122,821/door - Market-rate tenancy - Tenants pay all utilities - All homes have LVP or wood floors - Strong renter demand


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Listing Syndicated From

Buildout
For Sale
$859,750
Asking Price

Investment Sales Broker