For Sale
7-Door SFR Portfolio | Iroquois | Louisville, KY
717 Inverness Ave | Louisville, KY 40214-1222, US
price$859,750
property typeCommercial Sale
highlights
•$7,809/mo in current rents - $93,708/yr
•100% leased; market-rate tenancy
• Tenants pay all utilities
•Avg. tenant tenure of 2.6 years (31 months)
•7 of 7 doors with LVP or wood floors
•4 of 7 with HVAC replaced within ~5 years. 2 with kitchen and 2 with roof updates
property
details
STATUSActive
SALE PRICE PER UNIT$859,750
PROPERTY TYPECommercial Sale
BUILDING SIZE6,631 SF
LOT SIZE0.1325 acres
SALE PRICE$859,750
ZONINGR5
DAYS ON MARKET114
property
description
Seven single-family rental homes in Louisville’s Iroquois area, clustered around Inverness Ave east of Iroquois Park, with one home (2221 Parkwood Rd) on the park’s west side. Offered as a package at $859, 750 ($122, 821.43 per door). The pod is 100% leased, with current rents of $7, 809/mo ($93, 708/yr) across 2 and 3-bedroom homes built between 1923 and 1946. 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.
location
description
717 Inverness Ave | Louisville, KY 40214-1222, US
Louisville, Kentucky
Dylan Gilezan
KY #274341
(502) 648-7874
Samuel Higdon
KY #266524
(502) 235-0629
Sam Griffin, CCIM, CBI, NACREP
KY #207824
(502) 640-3622