1404 Paul Ave
Property Description
This portfolio includes ten well-maintained single-family rental homes in Louisville’s Wyandotte neighborhood. The properties are offered as a portfolio at $1,353,750 ($135,375 per door. Current monthly rents total $12,515 - $150,180 annually, across the portfolios' 2, 3, and 4-bedroom 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 -$12,515 in Current Monthly Rent -$150,108 in Annual Rent -Offered at $135,375/door -Market-rate tenancy -Average tenant tenure is ~24 months -Most homes have updated Kitchen finishes and -LVP/Wood floors.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,353,750 |
| No. of Units: | 10 |
| Lot Size: | 0.12 Acres |
| Opportunity Zone: | No |
| Price per unit: | $135,375 |
| Property Website | Click Here |
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