Rental Property Investor · Louisville, KY · Member since 2019 · 9 posts · 1 vote
Looking for JV partner on small multifamily building.
8 unit property located in Louisville, KY with asking at $450K; estimated cap rate at 7% with cash on cash return of 9-10%. Property offers value add opportunity to compress cap with rent expansion and lower expenses.
1st Level: Total Units: 3; Bedrooms: 4; Full Baths: 3; Kitchen: 3
2nd Level: Total Units: 3; Bedrooms: 5; Full Baths: 4; Kitchen: 3
3rd Level: Total Units: 1; Bedrooms: 1; Full Baths: 1; Kitchen: 1
Basement Level: Total Units: 1; Bedrooms: 1; Full Baths: 1; Kitchen: 1; Laundry: 1