(502) 849-6849
(502) 849-6849
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0.47 Acres Zoned C1 on Shepherdsville, Road in Louisville, Kentucky will sell to the highest bidder at or above $150,000! Bidding begins Sunday, May 8th and begins to close at 4 pm on Wednesday, May 11th. With C1 zoning, this is an excellent development opportunity with traffic counts over 26,000 vehicles daily. This land has apartments across and behind the property, as well as multiple retail businesses surrounding the land.
SVN Menish CRE & SVN | SFRhub Advisors is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of 24 scattered multi-family properties containing 308 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 the 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
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4175 Westport Road, Louisville, Kentucky 40207, United States
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