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.