717 Inverness Ave
Property Description
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
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $859,750 |
| No. of Units: | 7 |
| Lot Size: | 0.13 Acres |
| Opportunity Zone: | No |
| Price per unit: | $122,821 |
| Property Website | Click Here |
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