Westend Single Family Rental Portfolio

PRG is pleased to present a residential investment opportunity comprising 85 rental homes and 3 small multifamily buildings. These professionally managed properties have all undergone necessary renovations within the past three years and are situated in high-demand submarkets, catering to tenants seeking higher-quality rental options.

This opportunity is ideal for investors looking to expand into a larger portfolio with excellent economies of scale or for existing landlords seeking to enhance their established portfolio. With continued elevated interest rates and a tight housing supply in Louisville, the single-family rental market is poised to maintain strong fundamentals. Louisville's robust employment base further strengthens its position as a prime location for workforce housing. The portfolio is being offered well below the cost of the typical single family home in each submarket.

Highlights;

Property Mix: 85 homes/2 duplexes/1 triplex

Total Price: $9,600,000

Average Price Per Property: $109,090