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2315 Portland Avenue
Louisville, KY 40212
Asking Price
$280K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
12.8% CAP Rate | Renovated 4-Unit Investment Opportunity <p>• Four total rental units across two adjoining parcels sold together</p><p>• Strong trailing 12-month NOI of $39,220</p><p>• 12.8% CAP rate under self-management</p><p>• Turnkey, income-producing investment opportunity</p><p>• Extensive interior and exterior renovations completed</p><p>• Three-unit multifamily building + separate 2BR single-family home with garage</p><p>• Stable tenant base with long-term occupancy history</p><p>• Tyler Avenue tenant intends to renew lease</p><p>• Unit 1 newl
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NOI
$80,000
Cap Rate
28.58%
DSCR
4.81
Strong
Cash-on-Cash
75.48%
Monthly Payment
$1,384.792
Annual Cash Flow
$63,382.49
