602 Colorado Ave
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,123,250 |
| No. of Units: | 16 |
| Lot Size: | 0.12 Acres |
| Opportunity Zone: | No |
| Price per unit: | $132,703 |
| Property Website | Click Here |
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