BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY
Listed by BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY
$15,900,000
Residential Rental Portfolio
Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Acreage 1.000
Multifamily
Marketing description
Stabilized Turnkey Residential Portfolio | Covington, KY | Portfolio Sale
This offering presents a turnkey residential rental portfolio located in Covington, Kentucky. The portfolio is comprised of multiple income-producing homes with in-place tenants, established rent history, and immediate cash flow.
The assets have been professionally operated and require no repositioning or deferred maintenance, making this an ideal acquisition for 1031 exchange buyers, local investors, or out-of-state buyers seeking stabilized income.
The seller intends to sell the properties as a single portfolio.
Investment highlights
Turnkey, stabilized residential income
In-place leases and rent history
Predictable NOI with no reliance on pro forma rent growth
Strong workforce housing demand
Portfolio pricing efficiency
Suitable for long-term hold strategies
Listing Contacts
BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY
Listed by BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY
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