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NKY SFR Portfolio 1 Specialty Properties Offered at $16,400,000 in Covington, KY
INVESTMENT HIGHLIGHTS
- Turnkey, stabilized residential income
- Predictable NOI with no reliance on pro forma rent growth
- Suitable for long-term hold strategies
- In-place leases and rent history
- Strong workforce housing demand
EXECUTIVE SUMMARY
Stabilized Turnkey Residential Portfolio | N.KY | Portfolio Sale
This offering presents a turnkey residential rental portfolio located across Northern Kentucky. The portfolio is comprised of multiple income-producing homes with in-place tenants, established rent history, and immediate cash flow.
The assets have been professionally operated and require no repositioning or deferred maintenance, making this an ideal acquisition for 1031 exchange buyers, local investors, or out-of-state buyers seeking stabilized income.
The seller intends to sell the properties as a single portfolio.
This offering presents a turnkey residential rental portfolio located across Northern Kentucky. The portfolio is comprised of multiple income-producing homes with in-place tenants, established rent history, and immediate cash flow.
The assets have been professionally operated and require no repositioning or deferred maintenance, making this an ideal acquisition for 1031 exchange buyers, local investors, or out-of-state buyers seeking stabilized income.
The seller intends to sell the properties as a single portfolio.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $16,400,000 | Status | Active |
| Price / SF | $7,321 / SF | Number of Properties | 2 |
| Cap Rate | 7% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 2,240 SF |
| Price | $16,400,000 |
| Price / SF | $7,321 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,240 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 316 E 15th St, Covington, KY 41011 | Specialty | 2,240 SF | 1915 | - |
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NKY SFR Portfolio
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