313 N Dixie Highway, Cave City, KY 42127
sale
$390,000
|
Other
Courtesy Of Keller Williams First Choice Realty
This 10-unit apartment/motel property offers a unique and versatile investment opportunity in a high-visibility location on N Dixie Hwy. Whether you re looking to expand your rental portfolio, develop a boutique motel, or capitalize on the growing demand for short-term rentals like Airbnb, this property checks all the boxes. Currently, 6 units are occupied with long-term tenants, providing immediate income while you renovate and reposition the remaining units to maximize returns. The layout and structure lend themselves well to a mix of long-term and short-term rental strategies, giving investors flexibility to scale income over time. With strong potential for value-add improvements, this property is ideal for an investor looking to create a high-performing income-producing asset. Opportunities like this with existing cash flow and upside potential are hard to find.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Exterior Type: Concrete
- Heating System: Ductless (Heating)
- MLSID: RA20261951
- Roof Type: Shingle
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