2007 S Main Street, Paris, KY 40361
sale
$2,890,000
|
Other
Courtesy Of Kentucky Prime Realty, LLC
Turnkey 15-Unit Multifamily Asset | Brand New 2023 Construction | Rare 8.00% CAP Rate - Seize a rare opportunity to acquire a cash-flowing, institutional-quality multifamily asset built completely new in 2023. This uniform 15-unit apartment building features an ideal mix of fifteen identical 2-bedroom, 1-bathroom layouts, offering maximum operational efficiency and minimal maintenance overhead. Delivering an immediate, institutional-grade 8.00% capitalization rate on current in-place income, this asset represents a premier choice for 1031-exchange investors or private equity portfolios looking for high yields without the typical headaches of vintage assets.
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Property Features
- Age: 1-5 Years Old
- Cooling System: Heat Pump
- Exterior Type: Concrete
- Floors: 3
- Heating System: Heat Pump (Heating)
- MLSID: 26025114
- Parking Spaces: 30
- Roof Type: Flat
- Roof Type: Rubber
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