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For Sale

16-Door Rental Portfolio - Taylor Berry | Louisville, KY

602 Colorado Ave,
Louisville, KY 40208

Asset Snapshot

16 Units
Unit Count
0 SF
Average Unit Size
17,100 SF
Property Size

Offering Summary

Investment Overview

This portfolio includes fourteen well-maintained single-family rental homes and one duplex in Louisville’s Taylor Berry neighborhood. The properties are offered as a portfolio at $2,123,250 ($132,703 per unit). The portfolio is 100% occupied and consists of 3 and 4 bedroom, 1 and 2 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 -Tenants pay all utilities -$18,795 in Monthly Gross Rents -$225,540 in Annual Gross Rents -Offered at $132,703/unit -Market-rate tenancy -Average tenant tenure is 30.4 Months -Most homes have been updated with new AC units, -Kitchen finishes, and LVP/Wood floors.


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Listing Syndicated From

Buildout
For Sale
$2,123,250
Asking Price