Churchill Downs Area Rental Portfolio
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$42,375 Per Unit
|Property Use Type:
||Nelson Holdings Churchill Downs Area Rental Portfolio
||Cash to Seller
Overview / Comments
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. Selling in cooperation with Tyler Chesser, Gant Hill & Associates, 502-648-9523.
Attachments & Media
||Block 65G, Lot 93, Block 63J, Lots 108, 107 & 121, Block 63E, Lot 63
||R-6 - Residential Multi-Family District
||Rental portfolio in the popular Churchill Downs Area all near the corner of Berry & Taylor Boulevards convenient to downtown, Churchill Downs, the Fairgrounds and all area interstates to any portion of Metro Louisville.
|Total Number of Buildings:
||Zoning is R-6 & R-5, multi-family.
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