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6614 Evangeline

Louisville, KY 40214
  • $3,350,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: 1612395
UPDATED: 80 min ago
$3,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 49,231
    SQFT
  • $68
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. The Louisville single-family and residential investment market is enjoying strong demand due to extraordinary rent growth, home value appreciation, low housing supply, and hiThis offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring. The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. demand from investors. Offering highlights include: > 34 units, including 15 duplexes and 4 single families > Well maintained, upgraded properties > Opportunity to add value by pushing rents to market rate > Low operating costs: All tenants are responsible for their own water, LGE, and lawn care Please fill out the linked Confidentiality Agreement to access a rent roll and additional information.

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© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty- Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-07-05T19:58:23.713.
www.viewhomesinlouisville.com/homes/128822041
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6614 Evangeline Louisville, KY 40214

  • Price: $3,350,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 80 min ago
  • ID#: 1612395
0
Beds
0
Baths
0
½ Baths
N/A
Acres
49,231
SQFT
$68
$/SQFT
2022
Built
Neighborhood:
None
County:
Jefferson
Area:
Auburndale/Fairdale/Iroquois Prk/Shively
Property Description
This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. The Louisville single-family and residential investment market is enjoying strong demand due to extraordinary rent growth, home value appreciation, low housing supply, and hiThis offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring. The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. demand from investors. Offering highlights include: > 34 units, including 15 duplexes and 4 single families > Well maintained, upgraded properties > Opportunity to add value by pushing rents to market rate > Low operating costs: All tenants are responsible for their own water, LGE, and lawn care Please fill out the linked Confidentiality Agreement to access a rent roll and additional information.
Exterior Features

Construction Vinyl Covered Parking No Exterior Deck Lot Size 0 Parking Spaces 0.0 Roof Shingle

Interior Features

Above Grade Finished 49231.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 0.00 Energy Forced Air First Floor Laundry No Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 0.00 Total Units 2.0000 Water Heaters 0.0000

Property Features

City Tax 0 County Tax 0 Disclosure No Flood Plain No Furnaces 0.00 HOAAnnual Amount 0 Lease Term 0 Multifamily Sub Type Duplex Security Deposit 0 Separate Meters Yes Sq Ft Source Other Utilities City Sewer

Listing provided courtesy of Prg Commercial Property Advisors. © 2022 Metro Search, Inc. All rights reserved.


© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty- Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-07-05T19:58:23.713.
 
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Keller Williams Realty- Louisville
6106 Dutchmans Lane
Louisville KY, 40205