Multi-Family Space For Lease @ 307 Multi-family Units, Louisville Ky

For more information visit www.​SFRhub.​com and search for portfolio 100907


Contact:

TOM JOHNSTON

Director of Brokerage Services

SVN | SFRhub Advisors

T: 602.825.1780

C: 602.403.3695

tom.​johnston@svn.​com

License #: BR507919000



BOR:

Bill Menish

SVN | Menish Commercial Real Estate

Owner / Managing Director



SVN | SFRhub Advisors is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of 24 scattered multi-family properties containing 304 units and 2 finished lots in Louisville, KY. This portfolio is a great opportunity for an investor to scale immediately in a growing tertiary market. The portfolio is 100% leased and the majority of the tenants are Section 8, providing the investor with guaranteed rental income. With an average dwelling size of 902 square feet, the homes were constructed between 1875 and 2000 with an average vintage of 1969.

The seller purchased the properties over a period of a decade beginning in the mid-2000s. The properties were renovated when acquired and included significant capital to get them tenant-ready. The portfolio is professionally managed by a third-party provider who has reported that they would remain in place for a transitional period after the sale. There is little deferred maintenance required because the seller has meticulously maintained the portfolio.

Year 1 Stabilized Net Operating Income is projected at $2,410,170 This space offers accomodations for: lowrisegarden.