4503 GRAND AVE Louisville KY 40211-2604

PRG is pleased to present a residential investment opportunity comprising 85 rental homes and 3 small multifamily buildings. These professionally managed properties have all undergone necessary renovations within the past three years and are situated in high-demand submarkets, catering to tenants seeking higher-quality rental options.

This opportunity is ideal for investors looking to expand into a larger portfolio with excellent economies of scale or for existing landlords seeking to enhance their established portfolio. With continued elevated interest rates and a tight housing supply in Louisville, the single-family rental market is poised to maintain strong fundamentals. Louisville's robust employment base further strengthens its position as a prime location for workforce housing. The portfolio is being offered well below the cost of the typical single family home in each submarket.

Members-only remarks

The information in this listing was obtained from sources deemed to be reliable. The broker does not warrant or represent any information provided. Please do not disturb tenants.

Highlights;

Property Mix: 85 homes/2 duplexes/1 triplex

Total Price: $9,600,000

Average Price Per Property: $109,090