Barbara Moore - Coldwell Banker McMahan
1422+ Berry
Louisville, KY 40215

Description

Five properties in the Churchill Downs Area consisting of a four-plex (Berry) and four single family homes (three on Montana & Lillian). Seller can make this portfolio larger with additional owned rental properties nearby and elsewhere and will consider offers on individual properties in the portfolio). All are located just west of Taylor Boulevard in this popular rental neighborhood. Solid existing rent roll (only one vacancy at listing to be held vacant for showing purposes - showings available 12-5 PM Monday-Friday, showings of all properties available with accepted offer). Some kitchen appliances provided by landlord. Being offered at a 10.75 CAP rate based on 2017 estimated financials, even though 2017 figures include substantial upgrade costs. Many upgrades completed in past 5 years. Don't delay - this portfolio will sell quickly.

Details

MLS#1510292
Sub-TypeResale
StatusActive
Year1955
Days On Site136

Features

SQ Feet5,760
Units8
Building(s)1

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Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40215
Listing VS Median (in 40215)
Price:
$339,000
low | high
Med:
$72,250
100% of Average
SqFt:
5,760
low | high
Med:
1,611
100% of Average
$ / SqFt:
$59
low | high
Med:
$45
72.718912700479% of Average
On Site:
136
low | high
Med:
100
100% of Average
Listing Updated: 12/11/2018
MLS Number: 1510292
Listing Provided By:
Donald R Erler  of  Don Erler Real Estate Broker