Coldwell Banker McMahan

IQWeb_Description

Looking for a great investment opportunity? Look no further. This is a 16 unit apartment complex in Clay City. Each unit is a 2 bedroom 1 bath with open kitchen and living room. Four units are ADAS accessible. Property has a proven rental record with a historical occupancy rate of 98%. Current leasing is for all utilities paid including satellite TV with a box deposit and $650/month 1 year lease. Conveniently located next to shopping, the post office, medical offices and the ever important Mountain Parkway. Don't miss your opportunity to own this key property. Broker has ownership interests in the company that owns this property.

IQWeb_Details

IQWeb_MLS1616779
IQWeb_SubtypeResale
IQWeb_StatusActive
IQWeb_Year2001
IQWeb_Days_on_Site747

IQWeb_Features

IQWeb_SQ_Feet13,824
IQWeb_Units16
IQWeb_Buildings1

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IQWeb_Area_Information

IQWeb_StateKY
IQWeb_CountyPowell
IQWeb_CityClay City
IQWeb_Zip_Code40312
IQWeb_AreaPowell County
Listing VS Median (in 40312)
Price:
$548,750
low | high
Med:
$92,900
100% of Average
SqFt:
13,824
low | high
Med:
1,885
100% of Average
$ / SqFt:
$40
low | high
Med:
$49
25.845189513182% of Average
On Site:
747
low | high
Med:
210
100% of Average
IQWeb_Listing_Updated: 08/14/2018
MLS Number: 1616779
IQWeb_Listing_Provided_By:
Richard Rednour  IQWeb_of  Rednour Associates
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