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Single family residence
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Net Operating Income (NOI)
14 unit(s)
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CAP RATE
14
Leasable Doors
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Price per unit
MIJO Properties Portfolio consists of 13 single family residential rental properties. These properties are located in Taylor Berry, Wilder Park, Jacobs and Hazelwood neighborhoods in Louisville, Kentucky. Offering 8-2 bedroom SFR and 6-3-bedroom SFR.
*2024 Rent Guidelines through Louisville Metro Housing Authority- Provide allowable rent increase in lease renewals, this provides an opportunity for the incoming investor to renew leases at an accelerated rate.
*SFR Sellout Opportunity- Average home sales for renovated properties in these neighborhoods is approximately $130k-$195k/sf. Providing the opportunity to renovate the portfolio and sell them out individually.
“MIJO Properties LLC”, can be purchased separately. Enabling buyers to avoid reassessment of property taxes upon the purchase transaction.
