105/107/110 Brewer Drive 1 & 2

Rare 3-duplex (6-unit) income portfolio in Borden, IN -- offered as a single package only, not available
individually. 105, 107 & 110 Brewer Dr, Borden, IN 47106 sit on three platted lots in Borden Ridge Subdivision, directly
across from Borden Community Park and adjacent to Borden Elementary & Borden-Henryville Jr./Sr. High School. Built
1999-2000 by local builder Don Thieneman/SDR Development -- newer construction than most competing multi-family
stock in Clark/Floyd County. All six 2BR/1BA units (approx. 930 sf each, 5,580 sf total) are 100% leased. Current in-place
rent totals $6,050/month ($72,600/year gross income), reflecting approx. 6.3% cap rate at the $630,000 asking price.
Ownership's active rent-up program is already resetting units to $1,200/month as leases turn, with a documented path to
$86,400/year stabilized gross rent by mid-2027. Each unit offers vaulted family-room ceilings, first-floor laundry closet,
covered porch, private patio, and individual storage shed; public water/sewer, central air. All parcels are Flood Zone X.
Properties are turnkey and consistently maintained - current property manager is willing to continue services for a new
owner. Ideal for a 1031 exchange or portfolio investor seeking immediate cash flow, ~25 minutes from Louisville, KY.
Seller will not divide portfolio. FYI, Other Income Properties For Sale as well. Call Listing agent for more details.