For Sale

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

602 Colorado Ave | Louisville, KY 40208-1511, US

price$2,123,250
property typeCommercial Sale

property
details

STATUSActive
SALE PRICE PER UNIT$2,123,250
PROPERTY TYPECommercial Sale
BUILDING SIZE17,100 SF
LOT SIZE0.1197 acres
SALE PRICE$2,123,250
ZONINGR6
DAYS ON MARKET9

property
description

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.

location
description

602 Colorado Ave | Louisville, KY 40208-1511, US

Louisville, Kentucky

Dylan Gilezan

Dylan Gilezan

KY #274341
(502) 648-7874
Samuel Higdon

Samuel Higdon

KY #266524
(502) 235-0629
Sam Griffin, CCIM, CBI, NACREP

Sam Griffin, CCIM, CBI, NACREP

KY #207824
(502) 640-3622

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